Quisling: a synonym for traitor, someone who collaborates with the invaders of his country.
Posted on 08/08/2005 1:11:41 PM PDT by NormsRevenge
I think this is a desperate attempt to keep the artificially inflated real estate market going.
May all these traitorous crooks get what they deserve.
Dump your bank - join a credit union where members have to be a LEGAL resident in that area.
Sure they do.
The nice 2-story brick house across the street from me went on sale this past friday. I bet they're asking $120-140K. The yard sign is totally targeting hispanics. It has "hablamos Espanol" and the name of the realty company is something like "Tu Casa Realty". I kinda laughed when I saw the sign and thought that there could be no way a bank would lend that much to an illegal but after reading this article I don't know.
June 2005
Banks are Quietly Wooing Undocumented Immigrants
Many illegal aliens are hard-working, tax-paying U.S. citizen wannabes-and banks are banking on their desire to be homeowners, too. And why not? There's no law against it.
By Steve Bergsman
As Washington signals a more lenient immigration policy toward the nation's eight million to 11 million undocumented aliens, U.S. banks like Fifth Third, North Shore Bank and Second Federal Savings & Loan, are quietly courting this group for home mortgages.
"Banks are not an arm of the immigration department," says Kevin Mukri, a spokesperson for the Office of the Comptroller of the Currency, the primary bank regulator. "As long as those getting mortgages meet the requirements of being authorized bank customers, including proper ID, it would be discriminatory not to service them."
There is no law against banks issuing mortgages to illegal immigrants, nor against their owning property in the U.S.
In November, Cincinnati-based Fifth Third Bancorp introduced an ITIN mortgage in seven markets, drawing twice the number of expected candidates. Says Bill Schumer, vp of product development, "This is a great outlet to help Hispanics establish roots here." Other financial institutions offering the mortgages include Banco Popular in Houston; Self-Help Credit Union in Durham, NC; First Bank of the Americas in Chicago; Texas Bank in Fort Worth, TX; and Mitchell Bank of Milwaukee. (c) 2005 U.S. Banker and SourceMedia, Inc. All Rights Reserved.
http://www.us-banker.com
This is a matter between the lending institutions and their stockholders. It's no one else's business as long as they are complying with all applicable laws.
People who can't hold down any job criticize employers for hiring immigrants, now the people who can't get anyone to give them a mortgage complain about banks giving immigrants mortgages.
Never owned a home have you.
Protect our borders and coastlines from all foreign invaders!
Be Ever Vigilant!
Minutemen Patriots ~ Bump!
Someone could make a boatload of money suing the crap out of these banks who discriminate against U.S. citizens when they deny U.S. citizens their loans while handing it out by the fistful to these border jumpers who are breaking the law by their very presence in American. These trespasser essentially have no legal documentation of anything, EVEN DATE or PLACE OF BIRTH.
I know American people, like you, who have recently been required to deliver a mountain of documentation to get a home loan including documenting all their debts, income etc.
This is an outrage. America is dead. Keep your powder dry.
We haven't had open borders in almost 100 years. We spend billions of dollars securing our borders. Hundreds of people die each year trying to sneak across our borders because they are not open.
Open borders mean that anyone is allowed to cross anytime. We have open borders between our states. That means you can drive from New York to California without having to stop at checkpoints at each state border and show "papers". I'm surprised you don't appreciate the difference between open borders and well patroled borders since you are from Russia.
Quisling: a synonym for traitor, someone who collaborates with the invaders of his country.
The Border Patrol estimates it "detains" 15% of border crossers. OTMs get a free pass to enter the USA with a "notice to disappear." Mexicans get returned to the border to rest and try tomorrow. Two tries = a 96% success rate. Three tries = a 99% success rate.
IOW, open borders.
But you know that already.
All of our soldiers and Marines are busy overseas.
I visit the CBP website almost every day and have never seen any figure remotely like that. I just spent 15 minutes searching their site.
Do you have a link or can you direct me in a search that would lead to that statistic?
The sad fact is that there are some people with such deep emotional issues that they would as quickly believe that as they do the other false myths promulgated by the Buchanan/Tancredo type professional fundraisers.
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