The end of the line for 100% financing?
HSBC, Wells Fargo, MortgageIT, and Chase have all cut back their no-money-down programs in the past few days, reports mortgage blog Lending Clarity (which clearly has a dog in this hunt).
- 100% Financing Pullback Hits Prime and ALT A [Lending Clarity]
- Urgent Notice from Wells Fargo on 100% Financing [Lending Clarity]