Getting The Right Mortgage for You and Understand Your Options for Foreclosures with Chris Cabanillas is our guest on The Core Business Show with Tim Jacquet. The same group that was all but shut out from owning a home right after the housing crash - could be the same group that saves it! The latest stats from Halifax show there were more first-time buyers taking out loans in 2014 than at any time since 2007 - and the reason may be banks are back to taking smaller down payments. The question is - is this good for housing or do smaller down payments mean we are creating another housing bubble?  "I think it's a trend and I don't think it will lead to another housing crash. In fact the president's efforts to loosen lending standards may be the best thing to happen to the real estate market - and specifically young first time home buyers - in a very long time", says mortgage and foreclosure specialist Chris Cabanillas of Cabanillas & Associates. So who is right? Are we headed down the same path that contributed to the financial meltdown - or spurring a slowly healing real estate market?