hmmmm...
Affiliate brokers for Century 21...
I wonder if our US AG (Gonzales) is looking into (or away from) this???
If Century 21 is doing this, I wonder if other Real Estate companies are???
It looks like they are doing whatever it takes to sell houses and illegal aliens are on their radar screen.
Realtors project housing boom if alternate credit scores adopted
No law requires that buyers be in the country legally in order to purchase real estate. Citibank, for instance, doesn't require that borrowers be citizens or legal residents of the United States, Citigroup spokeswoman Janis Tarter said. As with many other minority and immigrant communities, bringing Hispanic families into the mortgage market is a continuing challenge, say officials at Federal Reserve Banks across the country.
snip
Creditors like Citigroup Inc.'s Citibank see recent immigrants as a growing market niche, but those who lack Social Security numbers or legal status in the U.S. are often rejected by the three major credit bureaus.
A handful of new credit reporting systems already used by 200 real estate brokers, community groups and mortgage counselors nationwide allows them to calculate risk by evaluating a prospective client's utility bills and rent checks.
Should the new reporting methods gain wider acceptance on Wall Street and among secondary mortgage lenders like Fannie Mae, housing markets in places like California's Central Valley would stand to gain the most...
snip