City advances mortgage-seizure plan

Posted: September 12, 2013 at 3:22 a.m.

Richmond, Calif., took a step Wednesday toward setting up a mortgage principal reduction program to help homeowners with troubled loans, while leaving the door open to using its eminent-domain powers to acquire the debt.

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Business, Pages 23 on 09/12/2013


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Plant sign of more U.S. factories

Employees assemble Motorola Solutions Inc. Moto X smartphones at the Flextronics International Ltd. factory in Fort Worth on Tuesday. More than 2,000 Flextronics International Ltd. employees have been contracted to manufacture the smartphone.

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