[B4Ranch]

>>The program is called "Celebrate Home" and Wells Fargo says it complies with all federal regulations, 10News reported.


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

Ruiz said the program is targeted to Wells Fargo customers who have been an account holder for at least six months and who can show proof of residency for two years in the United States -- along with proof that they have filed and reported income taxes using an individual taxpayer identification number.<<

[clawrence3]

Is any of what Wells Fargo doing currently illegal? As I said above, if Congress and the President outlawed these loans today, then I would be against them from that point forward. But, what part of ex post facto laws don't you understand?

[Sterco]

Ruiz said the program is targeted to Wells Fargo customers who have been an account holder for at least six months and who can show proof of residency for two years in the United States -- along with proof that they have filed and reported income taxes using an individual taxpayer identification number.<<

Exactly why would you prove "residency" when you are not a legal resident. The whole program appears to be on solid quicksand.

[Jhohanna]

Ruiz said the program is targeted to Wells Fargo customers who have been an account holder for at least six months and who can show proof of residency for two years in the United States -- along with proof that they have filed and reported income taxes using an individual taxpayer identification number.<<

They get around this by using their Mexican IDs as the tax ID numbers. Sick, isn't it?