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FBI to Focus On Area Mortgage Loan Fraud
The Washington Post ^ | 06-Dec-2007 | Carrie Johnson and Tomoeh Murakami Tse

Posted on 12/05/2007 10:44:56 PM PST by VxH

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To: VxH

FWIW, anyone who can’t now prove their income and have enough to make the payments, will not be eligible for this rate freeze.


21 posted on 12/06/2007 3:44:10 PM PST by RockinRight (Rumors of Fred Thompson's death have been greatly exaggerated.)
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To: VxH

Additionally fueled is a more accurate statement. Many citizens traded up or rented existing homes and bought new. The 30 million plus illegals allowed to walk-in and / or overstay have to have a place to live. If 80% of the illegals had left, been captured, or not allowed to just walk in, there’s no way the housing market would have jumped like it did in the last 4 years. The old catch 22: illegals streaming in over the southern border to find construction jobs and at the same time causing a serious demand on the need for their housing too.


22 posted on 12/07/2007 4:52:00 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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