We have seen some pretty significant changes in the mortgage industry this past week.  100% financing is still available but you must have at least a 680 credit score to obtain.  Some of the major banks are taking away the 100% programs all together and limiting maximum financing to 95%.  The mortgage insurance companies will no longer insure these loans in the event of a foreclosure and the lenders have to adapt and overcome.  Their are several changes that are supposed to be taking place next week and I will provide additional information as I recieve it.  Another major change is that mortgage insurance companies are no longer insuring second home cashouts or investment property cashouts above 80%.  I am going to call the mortgage insurance companies next week and report what I find.