Will these zero-down loans for homebuyers doom real estate again?
Nearly a year into a special lending program aimed at underserved homebuyers, the initiative is soon to expand from a few banks to mainstream, non-banking lenders.
Could these good intentions be the beginning of our next lending debacle?”
Launched in February this year, the Special Purpose Credit Program is the government’s way of getting mortgage lenders to expand access to credit. More…
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