Richmond, California Fights Foreclosures
Taking the foreclosure crisis into its own hands, the city of Richmond is threatening an unprecedented use of eminent domain to bail out residents with underwater mortgages. The move is being contested vigorously by banks, but proponents say it would allow residents to refinance their homes at current market values and prevent future foreclosures. Eminent domain is the acquisition of private property for public use.
Also on KQED.org this week ...
Obamacare Explained: A Guide for Californians
Starting Jan 1, 2014, most Americans will be required to have health insurance or pay a fine. KQED has created a simple guide to explain how the health law affects you, your family or your small business.
KQED Celebrates the Holidays
Find holiday-related KQED television and radio programming, events, gift ideas, recipes, and other Web-exclusive goodies.