Free Republic

One illegal alien was arrested this year in Tucson after allegedly using a stolen social security number to buy two homes and rack up over $780,000 in bad debt. Some five million fraudulent home mortgages are in the hands of illegal aliens, according to the U.S. Department of Housing and Urban Development. It's not known how many of those have contributed to the subprime housing mortgage meltdown, but it has affected every state, including Arizona. The problem began years ago when banks were forced to give mortgages without confirming social security numbers or borrower identification. As a result, illegal immigrants...

<p>The last politician who took advice from the bond market was Bill Clinton. When he pushed for a tax hike back in 1993 to cut the budget deficit, it was under the assumption that bond investors would respond by bringing down interest rates. (The theory here is that deficits are inflationary. Inflation is bad for bonds.) Yet long-term interest rates surged from 6.45 percent when Clinton signed his tax-hike bill on Aug. 10, 1993, to 8.16 percent on Nov. 7, 1994, the day before the midterm congressional election where Republicans won back the House and Senate.</p>

On an episode of A&E's popular reality series "Flip This House," Atlanta businessman Sam Leccima sits in front of a run-down house and calls buying and selling real estate his passion. Now authorities and legal filings claim that Leccima's true passion was a series of scams that included faking the home renovations shown on the cable TV show and claiming to have sold houses he never owned. McGee and others say Leccima's episodes of "Flip This House," A&E's most popular show, were elaborate hoaxes. His friends and family were presented as potential homebuyers and "sold" signs were slapped in front...

The Real Deal takes viewers inside the world of Trademark Properties for an eye-opening and unapologetic look at the world of real estate. This fast-paced series takes viewers along for the ride, as it reveals the true reality of making money in real estate. With a stellar lineup headed by team captain and Trademark Properties founder, Richard Davis, the team brings a whole new meaning to real estate. Each week, Richard and Ginger, his sassy and highly savvy investment coordinator, along with the rest of the team, locate, renovate and profit from the most challenging projects they can find. Their...