Articles About American Securitization Forum
- Author:
- Mike Ochs
- Posted:
- 11.10.2011
Federal Regulators Floating the Idea of 20 Percent Downpayment Mortgages
Is a 20 percent downpayment on a house or condominium on the horizon? If some federal regulators get their way, buyers may have to put down $60,000 on a $300,000 house to get the best possible mortgage interest rate. Although this sets the bar high, regulators believe it will prevent the risky lending practices that […]