why putting 10% down is such a bad thing?
The bank should be looking at documented income, assets and credit standing of the person they are issuing loan to.
They got over-powered by greed, over-looked the basics and paid the price. Why should they vent it out on the disciplined and fiscally responsible citizens?
One could manage to put down 20% but may be willing to put 10% only. He/She can have other 10% in a form that’s easily usable for other purposes.
