Sub-prime mortgage mess pops up in Alaska

The sub-prime loan crisis has made it to Alaska. The Alaska Housing Finance Corporation (AHFC) says it unwittingly bought bad loans earlier this year and it’s cracking down on lenders that don’t meet its credit guidelines. In Juneau, some home buyers can’t get credit and that’s hurting the real estate industry and others.

Weld Royal, KTOO – Juneau

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