[Jhohanna]

I just *love* this line: "We're not required to ask the immigration status of any of our customers. That is the responsibility of the federal government," Wells Fargo bank representative Jerry Ruiz said.

I just completed filling out paperwork to transfer my checking account over there. UH NO. They lose. They no get my moolah!

[CodeToad]

I cancelled my personal and business Wells F***up accounts 5 years ago when I found they supported illegals, read:profits, at the expense of our country.

[Libertina]

This is a travesty - the only thing worse is our federal government making us into chumps by telling us we have to pay FOR these law breakers' education, health care, "don't ask - don't tell" police policies, denigrating the minute men project, catch and release, in-state tuition...

Next time I'll remember to ask all my dear elected representatives for atleast a kiss before I get screwed... /s

[spectre]

I wonder what kind of a "credit score" an Illegal has?

We recently bought a second home. We had to wait two weeks to see if we "qualified". They didn't give us a break for paying on our main home on time till it was paid for..Go figure..

sw

[OB1kNOb]

The Banker’s Pledge of Allegiance

We pledge allegiance, to the money
Of the worldwide global economy
And to its riches, for which we scam
One financial system, under IMF
With interest and collateral from all.

[Gaffer]

Wait till they try to get the government's help in tracking down the 'homeowners' when they default on their payment.....

[RockinRight]

This is insane. I am in the mortgage business, and have yet to come across an illegal.

This should be prosecutable.

[RockinRight]

Applicants do need a tax identification number issued by the Internal Revenue Service for people who do not have Social Security numbers.

If they have this though, wouldn't that mean they're legal?

[A CA Guy]

How do they secure the loan?

They must require lots of drug money in cash as a down payment so if they foreclose there is a profit.

[RGSpincich]

Owner occupied loans should be forbidden. Several foreign entities own property in the US and they have financing on them. And what about vacation homes with mortgages that are owned by foreigners. Any legislation would have to be crafted so as not to penalize foreigners with legitimate concerns.

[toddlintown]

Sure they welcome them...with a mortgage rate of 20% or more.

[arasina]

A 'This Stinks' Ping! (A certain la la land sister of mine banks with Wells Fargo and has her mortgage through them.) ;o)

[hope]

Wells Fargo is first major California lender to offer home loans to illegal immigrants..

How many illegal immigrants with 2 years residency afford a California Home?

[Arizona]

Thank you for posting this article. We have banked with WF for years. I have sent them an inquiry requesting their position on this and advising if it is true that they are giving loans to ILLEGALS, then our accounts and automatic pays will be moved to another bank.

[Tolerance Sucks Rocks]

This is the kind of crap that goes on when the government doesn't enforce the immigration laws. If they did, people like Jerry Ruiz wouldn't be pulling this crap.

[Pelham]

Someone needs to bring a RICO action against Wells Fargo.