SoFi’s mortgage : Home Loans With No Money Down!

That’s looking at total foreclosures.

http://cepr.net/blogs/beat-the-press/what-the-fresher-data-show-on-down-payments-and-mortgage-default-rates

That’s foreclosure rates.

“The comparable numbers for 2007 were 4.5 percent for people with strong credit scores and 20 percent or more down, compared to 13.5 percent for people with strong credit ratings and 3-5 percent down. For people with low credits scores, and putting 20 percent or more down, the default rate was 20.9 percent compared to 30.6 percent for those putting 3-5 percent down.”