Items Tagged with 'downpayments'


  • Larger downpayments mean nothing if a home is overvalued

    Pinto: Higher prices contributed to the housing meltdown
    The fallout from the 2008 mortgage crisis prompted regulators to search high and low for solutions to their most pressing questions. But by 2010, their findings – which led to the creation of the Dodd-Frank Act – had already become blurred by preconceived notions about the role of low downpayments in the underwriting process.
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