In order to get into the housing market, many home-buyers are
accepting gifts from family or friends in order to meet down payment
requirements by lenders. In fact, as of 2012, one in five Baby Boomers
has either gifted, loaned or co-signed a loan to help children or
grandchildren buy their first home.
But along with other borrowing restrictions following the housing
bust in 2008, lenders cracked down on>>