'Zero down' home purchase plan - 2004-01-20
A Bush administration proposal would permit home buyers without down-payment money to qualify for government-insured mortgages.

President Bush will propose a "zero down-payment" program for the Federal Housing Administration as part of his 2005 budget request, FHA commissioner John Weicher said Monday.
Read the full story at Denver Post

Federal Housing Administration Wants New Home Loan Program - 2004-01-20
For the first time, the Federal Housing Administration wants to provide no-down-payment home loans that would be insured by the federal government.

The mortgages will be targeted at low-income buyers and could reach about 150,000 families in the first year, Department of Housing and Urban Development officials said Monday.
Read the full story at Miami Herald