Eminent domain plan is about making money, SIFMA's Cameron says

The plan to use eminent domain as a tool to refinance certain mortgages is really a plan by certain investment companies to earn profit, says Tim Cameron, managing director of SIFMA's Asset Management Group. The plan will hurt homebuyers in the long run by increasing mortgage rates and forcing buyers to accept higher down payments, Cameron says. Learn more at SIFMA's Eminent Domain Resource Center.

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