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SAN FRANCISCO, Aug 14 (Reuters) - A public online exchange for subprime home and consumer loans opens for business on Friday, aiming to fill a niche by providing open, centralized bidding for investors in packages of smaller debt.
Start-up DebtMarket hopes to do for subprime home and consumer loans what online retailers have done for merchandise, [...]

Start-up hopes to offer exchange for subprime home loans
* Opens for business on Friday
SAN FRANCISCO, Aug 14 (Reuters) - A public online exchange for subprime home and consumer loans opens for business on Friday, aiming to fill a niche by providing open, centralized bidding for investors in packages of smaller debt.
Start-up DebtMarket hopes to do [...]