One of the ironies of the current mortgage market is that the group benefiting most from this situation is first-time homebuyers.

The ironic part is that in some quarters loan programs aimed at this market are being blamed for contributing to the foreclosure crisis.

However, others will point out that many of these borrowers are creditworthy and they deserve to be home-owners.

Even without seeing the full effect of President Obama's tax credit, this sector has some built-in advantages. The biggest, according to some experts, is that they do not have a home they have to dispose of in order to buy a new one.

In this Special Report, read how one supporter of affordable housing programs feels that the massive drop-off in the number of mortgage brokers has left the first-time homebuyer market underserved.

Are commission rebates from real estate brokers another way to boost first-time homeownership? In this Special Report, supporters of this concept explain how it may help consumers.

There are many tools available to assist first-time homebuyers and, according to Lenders One CEO Scott Stern, one of the most overlooked is the Veterans Affairs loan program.

First-time homebuyers are a market that may be worth concentrating on even without the tax credit. If the credit really takes hold, originators may get even more business from this group.

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