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Banks Find Mortgage Clientele in Undocumented Immigrants
Newhouse News Service ^ | March 15, 2005 | Katherine Reynolds Lewis

Posted on 03/16/2005 9:56:42 AM PST by atomic_dog

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To: CaptainK

Depends on how much down payment there is in it, and whether or not they think the market is headed up or down. Also, don't forget the possibility of mortgage insurance. It wouldn't surprise me if federal mortgage insurance was backing these loans!


21 posted on 03/16/2005 12:21:57 PM PST by hunter112 (Total victory, both in the USA and the Middle East!)
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