The new low down payment programs launched as a way to loosen up the credit box for first time homeowners since the credit box tightened significantly after the financial crisis. But as the credit box loosens, the risk of #mortgage fraud heightens, as seen in the report. There needs to be a balance. http://www.housingwire.com/articles/38106-mortgage-fraud-rising-most-in-low-downpayment-loans ❤️ #share #mortgage
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