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AZ Home Buyers Getting Down Payment From Non-Profits

Down-payment aid debatedHome buyers turning to non-profits for cash

Arizonans treading in the housing market’s choppy waters have found an unusual lifeline – a group of non-profit organizations that siphon down payments from home sellers to buyers.

Use of the decade-old practice known as down-payment assistance has dramatically increased since the demise of subprime lending because it [...]