There has been recent talk of raising the FHA down payment to 5 percent: “(SF Gate) Critics say 3.5 percent does not force purchasers to have enough “skin in the game” to discourage them from missing payments or risking foreclosure . …
Original post:
Nothing Down Flamed the California Real Estate Bonfire: 40 Percent …
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When reality check came and real estate values crashed, governments bailed out the malefactors and fanned the flames of fear to implement ?solutions.? Such solutions took two forms: ?bailout,? i.e. the transfer of toxic debt from the banks' balance sheets to the .... Mimicking the American model it derided, the German government approved this bonfire, whipped it through the upper and lower houses of the parliament and enacted it ? all in the space of five days. Hypo Real ...