This seems suspect no? I agree the amount you need to out down is too much right now (floating 100k plus for a down payment), but making it essentially require

This seems suspect no? I agree the amount you need to out down is too much right now (floating 100k plus for a down payment), but making it essentially require 0 down sounds like you seriously run the risk of 08 part two, where it will be very easy to lend to people who actually can't afford it, or aren't financially responsible enough to handle it. Lending half of a down payment or some other percentage would sound much safer.