CAP en Español
Small CAP Banner

ADVISORY: Rep. Miller, Housing Experts to Discuss Eminent Domain as a Means to Reduce Principal

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

Contact: Katie Peters
Phone: 202.741.6285

Washington, D.C. — On Tuesday, January 8 the Center for American Progress will host an event to examine recent calls for municipalities to use eminent domain to restructure underwater mortgages. The housing crisis wiped out nearly $7 trillion in homeowner equity and caused a wave of foreclosures that have crippled the nation’s housing market for nearly four years. While the housing sector appears to be on the road to recovery, the comeback is slow and many communities are still struggling. CoreLogic estimates that more than 10 million homeowners are still underwater, which portends more defaults and foreclosures, along with the possibility of derailing the recovery.



Tuesday, January 8, 2013
12:00 p.m. – 1:30 p.m.


Center for American Progress
1333 H Street NW
10th Floor
Washington, DC 20005


RSVP to attend this event

For additional information, please contact Katie Peters at


To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Elise Shulman (oceans)
202.796.9705 or

Print: Benton Strong (Center for American Progress Action Fund)
202.481.8142 or

Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or

TV: Rachel Rosen
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or