You ought to do a bit of research before you paint folks with a broad brush.
AMEX,CHASE,Wells Fargo,Bank of America all give loans to illegals and mortgages for housing too.
You are part of the problem and in the minority, if you care to do some research on the issue.
You beat me to it! LOL!
1.) Enforce immigration law, starting with heavier border security.
2.) If we truly need it, create a TEMPORARY guest worker program, and allow those already here illegally to be a part of it. This plan should pay reasonable wages, but include no path to citizenship.
3.) Once guestworker plan is in place, strictly enforce interior immigration laws and prosecute those who knowingly hire illegals not part of program.
4.) Reject amnesty and enforce rules of TEMPORARY worker plan.
When they passes the banking law (since repealed) that a bank couldn't cross the state line it was aimed specificly at BofA (Bank of Italy), they should have put that error prone corrupt, and probably the worst bank in the country out of business.
e put paper with WF and BOA and you cannot get a loan with a Taxpayer ID only. The only bank that does that which I know of is Banco Popular in TX, and we don't write for them.
If a person hands me a social (actually, I don't write many of the loans myself), I am simply going to put it down and send it in. The idea that I am going to go to the next room and try and call some bureaucrat at Social Security (who have THREE DIFFERENT TAX ID numbers for me and have not been able to get their act together on that for 5 years now) to "confirm" something shows that you have no clue as to what you are talking about.
However, most of our loan and insurance stuff is "mature" business. Almost all of what I do is trade people's money. I have a couple of managed funds. I take 30-50 per cent of your profits (my clients scored 68, 32, and 13 percent gains last year after I took my cut), and that is how I make my money. The insurance and mortgages are really just trolling grounds to pick up customers with money, and it's for damn sure that what hispanic clients don't have $15,000 to let me trade (minimum amount I will accept) for them. In fact, anyone who thinks you can make money off the hispanic or black clientele in any city is crazy, if you don't adopt big fees as part of your processing procedure. We don't want to do that (it is not the kind of office we are), so the stuff we do for them is really more on a "we will help you" basis. We don't run big ads in the yellow pages, we don't "loan you money till payday." and we don't put out a sign saying "SE HABLA ESPANOL."