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https://news.ycombinator.com/item?id=13164392 https://news.ycombinator.com/item?id=13164392 According to `jdross, purchases are funded with a small amount of eq
by aptwebapps 10y ago
https://news.ycombinator.com/item?id=13164392 https://news.ycombinator.com/item?id=13164392 According to `jdross, purchases are funded with a small amount of equity and the rest with "debt-like instruments" so the taxpayer is still potentially on the hook. But, yes, homeowners don't seem to be at risk.