I wonder if citizens can opt to have the banks look at their rental or payment records as opposed to credit rating for loan approval...
So, who pays if they default on their mortgage due to being deported?
If this nonsense keeps up, some US citizens are going to renounce their citizenship so they too can get in on all the freedom from legal restrictions, the government handouts, the help from "activists," etc.
Not me. My citizenship, along with my soul and my family, is my most prized asset.
But you all get the point.
Funny the banks can find them but apparently the IRS can't.
Is this not criminal and can these institutions not be charged under the RICO Act? I know that under IR&C Act of 1986 it was made a criminal offense to knowingly hire illegal aliens (which has obviously gone unenforced), but this is clearly aiding and abetting in criminal activity.
http://www.usda.gov/oce/oce/labor-affairs/ircasumm.htm#Enforcement
Enforcement
The responsible agency for the enforcement of IRCA is the INS. Under the employer sanctions provision of IRCA, employers who hire aliens not authorized to work in the United States are subject to fines ranging from $250 to $10,000 for each unauthorized alien. Any employer who shows a persistent pattern of hiring unauthorized aliens risks a maximum 6-month prison sentence. Every employer, therefore, is required to verify that all employees hired after December 1, 1988, are eligible to work in the United States. A number of State employment security agencies (employment services) screen applicants and refer only those who have documents acceptable for a valid Form I-9.
Penalties
All employers are required to verify that each employee hired after 1988 is eligible to work in the United States. There are fines ranging from $250 to $10,000 for each unauthorized alien and a maximum 6-month prison sentence if violator demonstrates a persistent pattern of hiring unauthorized aliens.
Of all the countries they could've snuck into, yet they chose our's. We should count our lucky stars, I guess.
I wish I could say "unbelievable" but sadly I'm too aware to claim that now...
Are the shareholders of this bank happy with this decision?
Guess breaking the law isn't as bad as a late mortgage payment.