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To: Hydroshock

Another source of the mortgage crisis is the ITIN loans issued to illegal aliens based on the government issued TIN numbers, not social security numbers. The government allowed banks to make these risky loans starting in 2003. Now that Homeland Security is now rounding up illegals and deporting them, the loans are becoming defaulted and the homes foreclosed.


7 posted on 08/16/2007 11:21:49 AM PDT by ArtyFO (I love to smoke cigars when I adjust artillery fire at the moonbat loonery.)
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To: ArtyFO

Homeland Security IS rounding up illegals?

Since when? This is news to me!


10 posted on 08/16/2007 11:24:56 AM PDT by proudofthesouth (Liberals work to make people victims in order to enslave them.)
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