A free-market told-you-so

posted by
July 12, 2011
OpenMarket.org
by Matthew Melchiorre  
Posted in Commentary

"Would-be home-owners with subpar credit histories are getting a second chance through the private sector. Yes, that’s right — it didn’t take a government program to help these disadvantaged buyers. Private investment firms, like Athas Capital Group and New Penn Financial, are extending mortgages to risky debtors in return for higher down payments and higher interest rates." (07/12/11)

http://tinyurl.com/6fzrfj5  

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