John Campbell (R., Calif.) Introduces Bill to Stop Eminent Domain Nationally

To prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Veterans Affairs from guaranteeing, making, or insuring, a mortgage that is secured by a residence or residential structure located in a county in which the State has used the power of eminent domain to take a residential mortgage.

More info here…

Copy of the bill below…



Defending American Taxpayers from Abusive Government Takings Act