Home Loans Brokered By Nonprofits Helped Fuel The Housing Crisis

``Nehemiah, the Sacramento, Calif.-based inventor of seller-funded down payment assistance, and its closest competitor, AmeriDream of Gaithersburg, Md., together facilitated 40 percent of all such loans backed by the FHA. Over eight years, they arranged 392,000 mortgages worth $54 billion, records from the Department of Housing and Urban Development show... So far that has translated into losses exceeding $1 billion for the FHA insurance fund.''