Study: Mortgage Intervention Programs Distribute Costs Unfairly
February 21, 2008
A New Report by Wharton Associate Professor of Real Estate Todd Sinai
By: Todd Sinai, University of Pennsylvania
EXECUTIVE SUMMARY
Various programs have been proposed or enacted to address the so-called “subprime crisis.” These programs may help some borrowers, but they do not bestow these benefits equitably. Some reward those who made riskier decisions over those […]
