| Aug 16, 2012 1:20PM An agency set up by county officials in San Bernardino County, California were scheduled to meet Thursday morning to determine whether the county and several of its larger cities will proceed with their controversial eminent domain plan . Under the proposal, passed by the county's Board of Governors in June, the local governments would use their power, usually employed to take real property for a public purpose, to seize underwater mortgages and restructure them into new obligations based on the... Aug 16, 2012 3:06PM Mortgage Rates moved slightly higher again today as the secondary mortgage market experienced one of its most volatile sessions since early June. Although the pace of the movements during the day was brisk, rates markets began the day in better territory, making for slightly improved rate sheets in the morning. The volatility was seen between 10am and 2pm when the MBS (mortgage-backed-securities) that most directly influence rates, moved from their highs of the day to their lowest levels in months...
 | 
