The usual complaint of too-tight credit keeps a segment of the population out of the home buying market. Wells Fargo is introducing a 3% down conventional mortgage in concert with Fannie Mae. http://www.cnbc.com/2016/05/26/wells-fargo-launches-3-down-payment-mortgage.html I want to scream "STUPID!" Don't these people at the bank and at the federal level remember the subprime mortgage crisis that began in 2007? Despite all the stated precautions, you know it will get screwed up. If you came in late, read about the subprime mortgage mess here. https://en.wikipedia.org/wiki/Subprime_mortgage_crisis If I were a believer in conspiracy theories, I might suspect the liberal left -- the Democrats -- are handing out party favors to gain votes to ensure Hillary's election this fall. After all, we have a flood of people coming across the southern border and as refugees from the IS/ISIS/ISIL/Daesh war-torn regions. Nah... never happen. I am imagining things.