[Sgt_Schultze]

The no-down-payment mortgages were a POLICY of the obama administration. Here’s a link to a Village Voice article from the time, discussing HUD Secretary Andrew Cuomo’s part in the mortgage meltdown.

[riverdawg]

“The no-down-payment mortgages were a POLICY of the obama administration”

Actually, the policy goes back to the administration of George W. Bush:

https://archives.hud.gov/news/2004/pr04-006.cfm