Past Ginnie Mae president Ted Tozer has argued that the FHA should lower or completely eliminate its current 3.5% down payment requirement. He discussed the controversial take during a Community Home Lenders of America Roundtable in Washington, D.C. earlier this week, per Inside Mortgage Finance. This isn’t the first time he’s floated the idea of… Read More »Former Ginnie Mae Boss Makes the Case for a Zero Down FHA Loan
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