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"Illegal immigrants were able to buy U.S. homes during the boom years, either by showing evidence that they pay taxes or by simply presenting false documents.
Many of them took out high interest fixed-rate loans or subprime mortgages with a low entry rate that later rose sharply. Experts say language difficulties made them more vulnerable to being offered, and taking, bad deals.

"They were more exposed to abuse," said Alejandra Louden of the Congressional Hispanic Caucus Institute's housing department, which carried out a recent study on Latino home loan foreclosures. "Documents were in English and explained in Spanish, and some vital explanation would be missing."

Vulnerable? I don't think so...

Many of them took out high interest fixed-rate loans or subprime mortgages with a low entry rate that later rose sharply. Experts say language difficulties made them more vulnerable to being offered, and taking, bad deals.

I wonder what excuse Reuters can offer up for the rest of the morons who bought houses they couldn't afford. I can't for the life of me understand why the MSM continues to play the "predatory lending" card. If I can't afford something, I DON'T BUY IT! Loan officers, real estate agents, and real estate brokers have an incentive to close sales. They make their money whether you end up in bankruptcy or not. If you don't understand that when you buy real estate, then you're too stupid to buy real estate. (comment not directed at you, spectre).