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To: planekT
I will post it again (this time in its entirety): Wells Fargo, the first U.S. financial institution to promote the acceptance of consular identification cards for opening bank accounts, today announced plans to launch a pilot program called Celebrate Home(SM) in Los Angeles and Orange counties to offer home financing tailored to Wells Fargo customers who have an Individual Taxpayer Identification Number (ITIN). An ITIN is issued by the U.S. government to individuals who have income and are required to pay income taxes in the United States, but do not have a Social Security number. “Everyone knows a home is the platform from which people can create a solid financial future for their family,” said Brad Blackwell, national sales manager for Wells Fargo Home Mortgage, part of Wells Fargo Bank, N.A., a subsidiary of Wells Fargo & Company (NYSE: WFC). “More importantly, homeownership increases a person’s stake in the community and thus leads to more stable and prosperous neighborhoods. Many studies show that homeownership provides clear social benefits. When we help a customer become a homeowner, it helps the whole community.” Blackwell said applicants for the program will go through a rigorous identification process twice – both times in person – once when they open a bank account and then again when they apply for a mortgage. He said the company takes very seriously its responsibility to comply with the Bank Secrecy Act and all other government regulations involving safety and security. The Celebrate Home program provides up to 90 percent financing on select fixed- and adjustable-rate loans up to $600,000 on the purchase of a single-family home or condominium. Potential homeowners may qualify if they have been Wells Fargo banking customers for at least six months, have paid taxes using an ITIN for at least two years and can provide proof of two years of residency. Program highlights include: -- Non-traditional credit references to enable consumers who do not have traditional or lengthy credit histories to qualify for the program; -- Qualifying housing debt-to-income ratios that address the growing reality that homeowners need to spend a greater percentage of their income on housing; -- Flexibility on closing costs and income sources to allow customers to use gifts as a source of closing costs and to qualify based on some income received as cash; and -- Interest rates for both fixed- and adjustable-rate mortgages that are comparable to those available through similar programs offered by Wells Fargo. Customers who qualify for the Celebrate Home program must participate in face-to-face homebuyer education classes made available in their preferred language. “In the last four years, Wells Fargo has proven it can successfully meet the needs of customers who do not have access to traditional banking services through its policy of accepting consular identification cards as a valid document for opening checking and savings accounts,” said Shelley Freeman, Wells Fargo’s Los Angeles Metro community banking regional president. “Introducing home financing to these customers is the natural next step to help them create family financial security while building wealth now and for future generations.” A University of Tennessee study concluded that parents who are homeowners have a greater stake in the community and pass along that mindset to their children. Children of homeowners are 25 percent more likely to graduate from high school, have a 116 percent better chance of graduating from college, and are 59 percent more likely to own a home within 10 years of moving from their parents’ households. The study also showed homeowners are more involved in their communities, which translates into increased property values and lower crime rates. “We believe everyone who qualifies should have an opportunity to own a home and become financially successful, contributing members of the community,” said Kim Young, regional president for Wells Fargo banks in Orange County. “At Wells Fargo, it is our mission to serve every segment of our communities in a fair and responsible manner.” Based on 2001-2004 national HMDA (Home Mortgage Disclosure Act) data, Wells Fargo originated more mortgage loans to people of color, to low- to moderate-income customers, and in low- to moderate-income neighborhoods than did any other lender during that period. Wells Fargo Home Mortgage is the nation’s No. 1 retail mortgage lender* and one of the country’s leading servicers of home mortgages. It operates the country’s largest mortgage network from nearly 2,400 mortgage and Wells Fargo banking stores and the Internet. Based in Des Moines, Iowa, it services loans for over 5 million customers nationwide. *Based on year-end 2004 statistics compiled by Inside Mortgage Finance − Feb. 18, 2005
272 posted on 01/24/2006 5:38:37 PM PST by clawrence3
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To: clawrence3; Jhohanna
Dear clawrence3:

Please note the following "law" for harboring, aiding, and abetting illegal aliens. Specifically note the highlighted portions of said law. Based on this evidence, do you still contend that Wells-Fargo is not knowingly engaged in illegal activity, by providing loans and mortgages to illegal aliens?

Federal Immigration and Nationality Act
Section 8 USC 1324(a)(1)(A)(iv)(b)(iii)

"Any person who . . . encourages or induces an alien to . . . reside . . . knowing or in reckless disregard of the fact that such . . . residence is . . . in violation of law, shall be punished as provided . . . for each alien in respect to whom such a violation occurs . . . fined under title 18 . . . imprisoned not more than 5 years, or both."

Section 274 felonies under the federal Immigration and Nationality Act, INA 274A(a)(1)(A):

A person (including a group of persons, business, organization, or local government) commits a federal felony when she or he:

* assists an alien s/he should reasonably know is illegally in the U.S. or who lacks employment authorization, by transporting, sheltering, or assisting him or her to obtain employment, or

* encourages that alien to remain in the U.S. by referring him or her to an employer or by acting as employer or agent for an employer in any way, or

* knowingly assists illegal aliens due to personal convictions.

Penalties upon conviction include criminal fines, imprisonment, and forfeiture of vehicles and real property used to commit the crime. Anyone employing or contracting with an illegal alien without verifying his or her work authorization status is guilty of a misdemeanor. Aliens and employers violating immigration laws are subject to arrest, detention, and seizure of their vehicles or property. In addition, individuals or entities who engage in racketeering enterprises that commit (or conspire to commit) immigration-related felonies are subject to private civil suits for treble damages and injunctive relief.

Recruitment and Employment of Illegal Aliens

It is unlawful to hire an alien, to recruit an alien, or to refer an alien for a fee, knowing the alien is unauthorized to work in the United States. It is equally unlawful to continue to employ an alien knowing that the alien is unauthorized to work.

Employers may give preference in recruitment and hiring to a U.S. citizen over an alien with work authorization only where the U.S. citizen is equally or better qualified. It is unlawful to hire an individual for employment in the United States without complying with employment eligibility verification requirements.

Requirements include examination of identity documents and completion of Form I-9 for every employee hired. Employers must retain all I-9s, and, with three days' advance notice, the forms must be made available for inspection.

Employment includes any service or labor performed for any type of remuneration within the United States, with the exception of sporadic domestic service by an individual in a private home. Day laborers or other casual workers engaged in any compensated activity (with the above exception) are employees for purposes of immigration law.

An employer includes an agent or anyone acting directly or indirectly in the interest of the employer. For purposes of deification of authorization to work, employer also means an independent contractor, or a contractor other than the person using the alien labor.

The use of temporary or short-term contracts cannot be used to circumvent the employment authorization verification requirements. If employment is to be for less than the usual three days allowed for completing the I-9 Form requirement, the form must be completed immediately at the time of hire.

An employer has constructive knowledge that an employee is an illegal unauthorized worker if a reasonable person would infer it from the facts. Constructive knowledge constituting a violation of federal law has been found where (1) the I-9 employment eligibility form has not been properly completed, including supporting documentation, (2) the employer has learned from other individuals, media reports, or any source of information available to the employer that the alien is unauthorized to work, or (3) the employer acts with reckless disregard for the legal consequences of permitting a third party to provide or introduce an illegal alien into the employer's work force. Knowledge cannot be inferred solely on the basis of an individual's accent or foreign appearance.

Actual specific knowledge is not required. For example, a newspaper article stating that ballrooms depend on an illegal alien work force of dance hostesses was held by the courts to be a reasonable ground for suspicion that unlawful conduct had occurred.

IT IS ILLEGAL FOR NONPROFIT OR RELIGIOUS ORGANIZATIONS to knowingly assist an employer to violate employment sanctions, REGARDLESS OF CLAIMS THAT THEIR CONVICTIONS REQUIRE THEM TO ASSIST ALIENS. Harboring or aiding illegal aliens is not protected by the First Amendment.

It is a felony to establish a commercial enterprise for the purpose of evading any provision of federal immigration law. Violators may be fined or imprisoned for up to five years.

Encouraging and Harboring Illegal Aliens

It is a violation of law for any person to conceal, harbor, or shield from detection in any place, including any building or means of transportation, any alien who is in the United States in violation of law. HARBORING MEANS ANY CONDUCT THAT TENDS TO SUBSTANTIALLY FACILITATE AN ALIEN TO REMAIN IN THE U.S. ILLEGALLY.

The sheltering need not be clandestine, and harboring covers aliens arrested outdoors, as well as in a building. This provision includes harboring an alien who entered the U.S. legally but has since lost his legal status.

An employer can be convicted of the felony of harboring illegal aliens who are his employees if he takes actions in reckless disregard of their illegal status, such as ordering them to obtain false documents, altering records, obstructing INS inspections, or taking other actions that facilitate the alien's illegal employment.

Any person who within any 12-month period hires ten or more individuals with actual knowledge that they are illegal aliens or unauthorized workers is guilty of felony harboring.

It is also a felony to encourage or induce an alien to come to or reside in the U.S. knowing or recklessly disregarding the fact that the alien's entry or residence is in violation of the law. This crime applies to any person, rather than just employers of illegal aliens. Courts have ruled that "encouraging" includes counseling illegal aliens to continue working in the U.S. or assisting them to complete applications with false statements or obvious errors.

The fact that the alien is a refugee fleeing persecution is not a defense to this felony, since U.S. law and the UN Protocol on Refugees both require that a refugee must report to immigration authorities without delay upon entry to the U.S.

The penalty for felony harboring is a fine and imprisonment for up to five years. The penalty for felony alien smuggling is a fine and up to ten years' imprisonment.

Where the crime causes serious bodily injury or places the life of any person in jeopardy, the penalty is a fine and up to twenty years' imprisonment. If the criminal smuggling or harboring results in the death of any person, the penalty can include life imprisonment. Convictions for aiding, abetting, or conspiracy to commit alien smuggling or harboring, carry the same penalties. Courts can impose consecutive prison sentences for each alien smuggled or harbored.

A court may order a convicted smuggler to pay restitution if the alien smuggled qualifies as a victim under the Victim and Witness Protection Act. Conspiracy to commit crimes of sheltering, harboring, or employing illegal aliens is a separate federal offense punishable by a fine of up to $10,000 or five years' imprisonment.

Enforcement

A person or entity having knowledge of a violation or potential violation of employer sanctions provisions may submit a signed written complaint to the INS office with jurisdiction over the business or residence of the potential violator, whether an employer, employee, or agent. The complaint must include the names and addresses of both the complainant and the violator, and detailed factual allegations, including date, time, and place of the potential violation, and the specific conduct alleged to be a violation of employer sanctions.

By regulation, the INS will only investigate third-party complaints that have a reasonable probability of validity. Designated INS officers and employees, and all other officers whose duty it is to enforce criminal laws, may make an arrest for violation of smuggling or harboring illegal aliens.

State and local law enforcement officials have the general power to investigate and arrest violators of federal immigration statutes without prior INS knowledge or approval, as long as they are authorized to do so by state law.

There is no extant federal limitation on this authority. The 1996 immigration control legislation passed by Congress was intended to encourage states and local agencies to participate in the process of enforcing federal immigration laws.

Immigration officers and local law enforcement officers may detain an individual for a brief warrantless interrogation where circumstances create a reasonable suspicion that the individual is illegally present in the U.S. Specific facts constituting a reasonable suspicion include evasive, nervous, or erratic behavior; dress or speech indicating foreign citizenship; and presence in an area known to contain a concentration of illegal aliens.

Hispanic appearance alone is not sufficient. Immigration officers and police must have a valid warrant or valid employer's consent to enter workplaces or residences. Any vehicle used to transport or harbor illegal aliens, or used as a substantial part of an activity that encourages illegal aliens to come to or reside in the U.S. may be seized by an immigration officer and is subject to forfeiture. The forfeiture power covers any conveyances used within the U.S.

RICO -- Citizen Recourse

Private persons and entities may initiate civil suits to obtain injunctions and treble damages against enterprises that conspire to or actually violate federal alien smuggling, harboring, or document fraud statutes, under the Racketeer-Influenced and Corrupt Organizations (RICO). The pattern of racketeering activity is defined as commission of two or more of the listed crimes.

A RICO enterprise can be any individual legal entity, or a group of individuals who are not a legal entity but are associated in fact, AND CAN INCLUDE NONPROFIT ASSOCIATIONS.

Tax Crimes

Employers who aid or abet the preparation of false tax returns by failing to pay income or Social Security taxes for illegal alien employees, or who knowingly make payments using false names or Social Security numbers, are subject to IRS criminal and civil sanctions. U.S. nationals who have suffered intentional discrimination because of citizenship or national origin by an employer with more than three employees may file a complaint within 180 days of the discriminatory act with the Special Counsel for Immigration-Related Unfair Employment Practices, U.S. Department of Justice.

In addition to the federal statutes summarized, state laws and local ordinances controlling fair labor practices, workers compensation, zoning, safe housing and rental property, nuisance, licensing, street vending, and solicitations by contractors may also apply to activities that involve illegal aliens.

303 posted on 01/25/2006 6:53:46 AM PST by OB1kNOb (.....And you KNOW what I'm talkin' 'bout !!! - Hitlery)
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