We're seeing many more Denver real estate shoppers using FHA programs as opposed to the ridiculous sub-prime deals.
It's also the VERY rare deal that sees 100% financing or the dreaded "Stated Income" programs that were so popular over the last 5 years. I won't miss these programs at all. The stated income programs have their place- I have many clients who work as consultants and so have "spotty", though lucrative employment histories. These programs were perfect for such folks. But the stated income programs were also abused by lenders and borrowers alike.
Even though FHA requires more paperwork, they are a great alternative to the recent programs which brought the lending industry to it's knees.