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Loan Modification

: Mortgage Lender Implode-o-Meter

CRL to Feds: Don't Mandate Large Home Down Payments

By Implode-Explode Heavy Industries

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"?Because of low down payment loans?, the brief advises, ?millions of low-to-moderate income families became successful homeowners. Mortgages generally performed well, producing limited losses for lenders, investors and taxpayers, while expanding the middle class.?"

Full post as published by Mortgage Lender Implode-o-Meter on March 07, 2011 (boomark / email).

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