Congress is considering a new bill to overturn the ban on 100% financing of homes. This financing was the main source of the housing crunch. Congress is thinking of reinstating this scheme, perpetuated by the home builders. The fact is these 100% loans are 3 time as likely to go into foreclosure as conventional loans. Congress is thinking if they raise the minimum credit score needed to obtain these loans to 630, that will make it OK. Truth is, even the higher scores the result is still twice as many foreclosures as conventional loans. Twice is not as bad as 3 times but is it acceptable? It is true, downpayments are what keeps most people from buying a new home, but how to balance this with the greater foreclosure rate is the trick congress must grapple with.