Law and regulation City of Richmond Adopts Eminent Domain...Who's Next? Published August 1, 2013 10:18 AM | Updated January 6, 2020 1:02 PM 1:58 Facebook Twitter LinkedIn Email Dustin Hobbs, communications director for the California Mortgage Bankers Association, talks about how the trade group is against eminent domain because the plan would harm local markets by threatening access to affordable credit.