Getting Down-Payment Assistance May Not Make People More Likely to Default on their Mortgages, After All
MarketWatch, Nov. 4, 2019–Jacob Passy
Receiving financial assistance with a down payment won’t increase the chances of a home owner defaulting on their mortgage, according to a new study prepared for the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis.
https://www.marketwatch.com/story/getting-down-payment-assistance-may-not-make-people-more-likely-to-default-on-their-mortgages-after-all-2019-11-04