We found this article of interest and would like to share it with you. A mandatory 30% down payment for borrowers? Compared to the original 20% plan proposed two years ago, this can in fact prevent more Americans from being homeowners. Many oppose this plan such as David H. Stevens, president and CEO of the Mortgage Bankers Association, who says “we plan to be very clear and very vocal” in fighting its final adoption. What are your thoughts on this matter?
Posted on: Tue, 22 Oct 2013 15:23:38 +0000
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