The irony of the return of the 100% loan is that while the government tries to work out the current housing mess it's adding fuel to the fire with no downpayment loans. These are not private sector loans, rather they are FHA insured loans. Here's a link to an article I wrote yesterday on the subject-blog.metro-real-estate...
Desperate Homebuilders Bringing Back Bubble-Era Financing - Housing Tracker [View article]
I second your endosement.
Desperate Homebuilders Bringing Back Bubble-Era Financing - Housing Tracker [View article]