eminent domain

Associated Press

The Seattle City Council could move one step closer to using its power of eminent domain as a way to curb foreclosures. 

The council is looking to create a committee to explore eminent domain and two other principal reduction programs, namely lease swapping and setting up a municipal land bank, as tools for struggling homeowners.

Don Ryan, File / AP Photos

A Cornell University law professor recommends that Seattle consider using its power of eminent domain to stem the foreclosure crisis. But that idea is controversial, and a California city that said it planned to try using eminent domain for that purpose is now being challenged in court.