Media inquiries: please contact Tracey Shell at tshell@downpaymentresource.com.

Press releases

Press release, December 8, 2016: American Bankers Association Endorses Down Payment Resource Mortgage SolutionFintech solution for biggest hurdle to homeownership

Press release, September 12, 2016: NorthstarMLS Brings Affordability and Down Payment Assistance Search Together; Down Payment Resource now integrated into TLCengine search

Press release, July 27, 2015: Down Payment Resource grows customer base and expands to serve financial institutionsCompany unveils new brand and message to better highlight market opportunities

Press release, May 5, 2015: Industry Veteran Todd Costigan Joins Down Payment ResourceCostigan to manage customer relationships for the growing company

Press release, March 31, 2015: Bank of America Launches Down Payment Resource Center to Help Prospective Buyers Find Programs to Help Achieve HomeownershipThe Bank of America Down Payment Resource Center Gives Consumers Access to a Searchable Database of Over 1,000 Local and National Assistance Programs in Time for Spring Homebuying Season.

Press release, February 18, 2015: Down Payment Resource announces collaboration with Bank of America Home Loans to provide homebuyer information. Atlanta-based Down Payment Resource™ now powers Bank of America’s  new tool designed to help its mortgage loan officers (MLOs) identify down payment and closing cost programs for which homebuyers may be eligible. Bank of America’s Down Payment Resource Center will allow consumers and the company’s MLOs to search across all Bank of America-approved homeownership programs.

Press release, February 4, 2015: 87 Percent of U.S. Homes Qualify for Down Payment Help According to RealtyTrac and Down Payment Resource Analysis. Down Payment Resource and RealtyTrac release joint analysis on the availability of down payment programs across the country.

Press release, November 25, 2014: Austin Board of REALTORS® launches new service on AustinHomeSearch.com to make home ownership more attainable for Central TexansAustinHomeSearch.com is the first major consumer home search site in Central Texas to directly feature these programs on a per property basis.

Press release, October 16, 2014: Central Virginia REALTORS® Can Pinpoint Homes Eligible for Down Payment and Closing Cost ProgramsCentral Virginia Regional Multiple Listing Service (CVR MLS) is the latest multiple listing service to bring Down Payment Resource™ to its REALTOR® subscribers. Down Payment Resource is now available to more than 335,000 real estate professionals through 20 multiple listing services (MLS) and Realtor Associations. 

Press release, September 17, 2014: Q3 Homeownership Program Index released: Today’s homebuyers have access to more than 2,100 homeownership programs, 91 percent are funded

Press release, September 15, 2014: SE Michigan REALTORS® and their Homebuyers Find Homes Eligible for Down Payment AssistanceRealcomp I Ltd., Michigan’s largest REALTOR®- owned Multiple Listing Service integrated Down Payment Resource into their listing data.

Press release, August 7, 2014: eHome America & Down Payment Resource Join Together To Prepare Today’s Homebuyers: Buyers to receive information about valuable down payment funds through network of local non-profit advisors

Press release, July 16, 2014: Cloud CMA Property Reports Will Incorporate Down Payment Resource

Press release, June 12, 2014: Down Payment Resource Launches Homeownership Program Index

The June Homeownership Program Index analyzed 1,654 programs available nationwide. Across Down Payment Resource’s databank, nationally, 90 percent of programs are funded with the greatest number of programs available in the South.

Press release, June 13, 2014: Oregon and Idaho Homebuyers Can Search for Homes Eligible for Down Payment Assistance

“We’re excited to offer homebuyers an easy way to find available homeownership programs and eligible homes,” said Greg Manship, CEO of Intermountain MLS. “We hope more potential homebuyers will come to our site and see what opportunities may be available for their situation.”

Press release, March 20, 2014: Honolulu-based HiCentral MLS Will Bring Down Payment Resource to Real Estate Professionals and Homebuyers

“In high cost markets, it’s especially important to provide resources for working families to find affordable homes,” said Rochelle Lee Gregson, CEO of HiCentral MLS.

Press release, January 22, 2014: Corpus Christi Association of REALTORS® Will Bring Down Payment Resource to Real Estate Professionals and Homebuyers

In Corpus Christi, approximately 70 percent of area residential listings may be eligible for one or more down payment assistance programs.

Press release, December 3, 2013: Improved Down Payment Search Tool Available to Minnesota Homebuyers

The Minnesota Homeownership Center has launched a new interactive search tool for down payment assistance on their website, hocmn.org.  The search tool is powered by Down Payment Resource (DPR), the nation’s only aggregator of homebuyer programs, and features an easy-to-use interface that previews potential down payment programs as the homebuyer answers a few simple questions.

Press release, August 21, 2013: Mortgage Finance Regulations Expected to Increase Consumer Interest in Homeownership Programs.

Chrane expects the private market credit policies to strictly adhere to QM and QRM standards to avoid repurchase risk. Importantly, the CFPB has already issued exemptions in the QM rule for HFAs and their lender partners and could do the same for QRM. As a result, it is likely that HFAs will assume a greater role in home financing, especially for first-time homebuyers.

Press release, June 27, 2013: “Jerry Haan Joins Down Payment Resource Leadership Team” See Full Release

Press release, June 5, 2013: “New Down Payment Resource Website Links Buyers with Assistance” See Full Release

Press release, April 9, 2013: “Down Payment Resource Expands Leadership Team with Real Estate Industry Veterans” See Full Release

Press release, March 27, 2013. “First Multiple Listing Service® will bring Down Payment Resource to Real Estate Professionals and Homebuyers in the Southeast” See Full Release

Press release, February 19, 2013: “California Association of REALTORS® (C.A.R.) launches new tool to help home buyers bridge down payment gap” See Full Release

Press release, January 18, 2013: “Down Payment Resource to Help REALTORS® and Homebuyers in Southeast Minnesota Find Available Homeownership Programs” See Full Release

Press Release, September 26, 2012: “MARIS Launches Down Payment Resource” See Full Release

Press Release, August 28, 2012: “Heartland MLS Launches Down Payment Resource” See Full Release.

Press Release, June 6, 2012: “Northern Nevada Regional MLS Launches Down Payment Resource: New web-based tool provides a simple, single source for REALTORS® and consumers to find down payment assistance program information for eligible for-sale properties” See Full Release.

Press Release, May 29, 2012: “Access to Down Payment Assistance Information Gets Local Boost: New partnership in Minnesota will tap into local expertise and increase program visibility.” See Full Release.

Press Release, October 26, 2011: “Northern New England Real Estate Network Launches Down Payment Resource” See Full Release.

Press Release, October 7, 2011: “North Carolina Mountains MLS Launches Down Payment Resource” See Full Release.

Press Release, October 5, 2011: “Midwest Real Estate Data Experiences Impressive Adoption of Down Payment Assistance Program” See Full Release.

Press Release, September 30, 2011: “Tucson Association of REALTORS®MLS, Inc. Launches Down Payment Resource” See Full Release.

Press Release, September 29, 2011: “Midwest Real Estate Data Launches Down Payment Assistance Program” See Full Release.

Press Release, September 14, 2011: “My Florida Regional MLS Implements Down Payment Resource Tool” See Full Release.

Press Release, September 6, 2011: “Down Payment Resource Will Connect Northern New England Realtors® And Homebuyers To Eligible Programs” See Full Release.

Press Release, August 2, 2011: “Down Payment Resource Wins 2011 Inman Innovator ‘Most Innovative New Technology’ Award” See Full Release.

Workforce Resource, LLC and Tucson Association of Realtors ® MLS, LLC Announce Partnership. View the Press Release here.

Workforce Resource, LLC and Midwest Real Estate Data LLC Announce Partnership. View the Press Release here.


Research

White Paper “The Art of Home Buyer Assistance: Discovering Hidden Treasures” by Rob Chrane and Andrew Carswell.