Date: May 17th, 2007

3% altruistic

17 May, 2007 (11:23) | Foreclosure, Hard equity, HUD, Nonprofits |

It sounds like a misprint — a non-profit that gives low-income borrowers money for the down payment on their first home, and HUD wants to shut it down — indeed, to shut down a whole industry?  Have they got something against charity?    Are you questioning my motives, young man?   As reported on Bloomberg: […]