accountA group of federal regulators will likely lower the proposed 20% down payment requirement for home-loan lenders who wish to avoid holding added credit risk on the securitization of mortgages. "They're not talking about 20% anymore," said Rep. Barney Frank, D-Mass. "I think 20% is high, but it has to be."
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Reactions to Feds expected to loosen QRM down payment requirement
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