DellaPelle interviewed regarding underwater mortgages
McKirdy & Riskin’s Anthony DellaPelle was interviewed for an investment journal article which appeared in NuWire Investor. The article focused on the possible use of eminent domain by the City of Richmond, California, to seize “underwater” mortgages. DellaPelle questioned whether eminent domain would be permitted to take these mortgage loans and also whether the plan, if implemented, would cause turmoil in the financial markets. The article is available here.