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BofA Pushes For Lower Mortgage Down Payments

by Banker & Tradesman | May 19, 2017

The head of Bank of America Corp., the United States’ fourth-biggest mortgage lender, said on Thursday banks would be able to supply a bigger share of funding for home purchases if the standard down payment for buyers was cut to 10 percent from 20 percent.

BofA Pushes For Lower Mortgage Down Payments

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