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To: maggief

Anyone seen any numbers for how many loans went to illegal immigrants? Just curious.


67 posted on 09/15/2008 9:51:12 AM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: mewzilla
Anyone seen any numbers for how many loans went to illegal immigrants?

More'n likely, just compiling the data would be deemed a hate crime.

68 posted on 09/15/2008 9:53:10 AM PDT by Roccus (Some day it'll all make sense.......................maybe.)
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To: mewzilla

Good question ... I’ll look.

//

Lehman - LEH

http://finance.yahoo.com/q/it?s=LEH

INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS

17-Jan-08 BERLIND ROGER S
Director 4,808 Direct Option Exercise at $18.72 per share. $90,005
9-Jan-08 KAUFMAN HENRY
Director 15,000 Direct Option Exercise at $31.45 per share. $471,750
9-Jan-08 KAUFMAN HENRY
Director 15,000 Direct Sale at $54.50 per share. $817,500
19-Dec-07 KAUFMAN HENRY
Director 41,788 Direct Option Exercise at $14.94 - $29.26 per share. N/A
19-Dec-07 KAUFMAN HENRY
Director 41,788 Direct Sale at $61 - $61.06 per share. $2,550,0002
1-Dec-07 CALLAN ERIN
Officer 4,352 Direct Statement of Ownership N/A
30-Nov-07 FREIDHEIM SCOTT J
Officer 6,388 Direct Option Exercise at $0 per share. N/A
30-Nov-07 FREIDHEIM SCOTT J
Officer 2,798 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $175,0002
30-Nov-07 LOWITT IAN T
Officer 11,178 Direct Option Exercise at $0 per share. N/A
30-Nov-07 LOWITT IAN T
Officer 4,935 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $309,0002
30-Nov-07 O MEARA CHRISTOPHER M
Officer 7,363 Direct Option Exercise at $0 per share. N/A
30-Nov-07 O MEARA CHRISTOPHER M
Officer 3,225 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $202,0002
30-Nov-07 RUSSO THOMAS A
Officer 119,680 Direct Option Exercise at $0 per share. N/A
30-Nov-07 RUSSO THOMAS A
Officer 57,210 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $3,583,0002
30-Nov-07 GREGORY JOSEPH M
Officer 265,360 Direct Option Exercise at $0 per share. N/A
30-Nov-07 GREGORY JOSEPH M
Officer 126,846 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $7,944,0002
30-Nov-07 FULD RICHARD S JR
Officer 387,129 Direct Option Exercise at $0 per share. N/A
30-Nov-07 FULD RICHARD S JR
Officer 202,587 Direct Disposition (Non Open Market) at $62.63 - $62.63 per share. $12,688,0002
19-Sep-07 MACOMBER JOHN D
Director 20,876 Direct Option Exercise at $14.94 - $18.72 per share. N/A
22-Jun-07 AINSLIE MICHAEL L
Director 4,808 Direct Option Exercise at $18.72 - $18.72 per share. $90,0002
15-Jun-07 RUSSO THOMAS A
Officer 150,000 Direct Option Exercise at $42.90 - $42.9 per share. $6,435,0002
15-Jun-07 RUSSO THOMAS A
Officer 187,289 Direct Sale at $78.65 - $79.1 per share. $14,772,0002
15-Jun-07 RUSSO THOMAS A
Officer 32,711 Direct Disposition (Non Open Market) at $78.89 - $78.89 per share. $2,581,0002
13-Jun-07 FULD RICHARD S JR
Officer 800,000 Direct Option Exercise at $27.21 - $27.21 per share. $21,768,0002
13-Jun-07 FULD RICHARD S JR
Officer 291,864 Direct Sale at $77.20 - $77.75 per share. $22,612,0002
13-Jun-07 FULD RICHARD S JR
Officer 508,136 Direct Disposition (Non Open Market) at $77.56 - $77.56 per share. $39,411,0002
23-Apr-07 GREGORY JOSEPH M
Officer 495,503 Direct Sale at $77.59 - $78.12 per share. $38,577,0002
31-Jan-07 GREGORY JOSEPH M
Officer 234 Direct Acquisition (Non Open Market) at $0 per share. N/A
31-Jan-07 FULD RICHARD S JR
Officer 234 Direct Acquisition (Non Open Market) at $0 per share. N/A
30-Nov-06 FREIDHEIM SCOTT J
Officer 14,617 Direct Option Exercise at $0 per share. N/A
30-Nov-06 FREIDHEIM SCOTT J
Officer 6,411 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $472,0002
30-Nov-06 LOWITT IAN T
Officer 28,146 Direct Option Exercise at $0 per share. N/A
30-Nov-06 LOWITT IAN T
Officer 13,454 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $991,0002
30-Nov-06 O MEARA CHRISTOPHER M
Officer 13,388 Direct Option Exercise at $0 per share. N/A
30-Nov-06 O MEARA CHRISTOPHER M
Officer 5,874 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $433,0002
30-Nov-06 RUSSO THOMAS A
Officer 131,088 Direct Option Exercise at $0 per share. N/A
30-Nov-06 RUSSO THOMAS A
Officer 62,700 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $4,619,0002
30-Nov-06 GREGORY JOSEPH M
Officer 151,123 Direct Option Exercise at $0 per share. N/A
30-Nov-06 GREGORY JOSEPH M
Officer 72,251 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $5,323,0002
30-Nov-06 FULD RICHARD S JR
Officer 169,997 Direct Option Exercise at $0 per share. N/A
30-Nov-06 FULD RICHARD S JR
Officer 74,460 Direct Disposition (Non Open Market) at $73.67 - $73.67 per share. $5,485,0002
24-Oct-06 RUSSO THOMAS A
Officer 34,696 Direct Sale at $77.65 - $78.02 per share. $2,701,0002
23-Oct-06 LOWITT IAN T
Officer 10 Direct Statement of Ownership N/A
14-Sep-06 FULD RICHARD S JR
Officer 244,300 Direct Sale at $69.60 - $70.2 per share. $17,077,0002
14-Sep-06 FULD RICHARD S JR
Officer 255,700 Direct Sale at $70.10 - $70.41 per share. $17,964,0002


71 posted on 09/15/2008 10:00:26 AM PDT by maggief (Read my lip-stick!)
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To: mewzilla

http://www.csmonitor.com/2008/0722/p01s04-uspo.html

“Black and Hispanic families have gotten a disproportionate share of subprime lending, and subprime loans are the driving force behind the foreclosures,” says Katheen Day, spokeswoman for the Center for Responsible Lending, a nonprofit research and policy group based in Durham, N.C. “We know that black and Hispanic communities are hardest hit.”

Subprime loans – loans made to homebuyers with less-than-perfect credit – were responsible for a large share of the foreclosures that started last year. And minorities received a hefty share of those loans. Just over half of African-Americans and 4 in 10 Hispanics who got a mortgage in 2006 had a subprime loan, according to a 2007 analysis by the Center for Responsible Lending.

Also, the areas hardest hit by home-loan crisis are heavily Hispanic. In seven of the 10 metro areas with the highest foreclosure rates last month, they represent at least one-third of the population; in two of them – Merced and Salinas-Monterey, Calif. – Hispanics make up more than half of the population. Their rates of home­ownership are also high: More than half of Hispanic households owned their home in eight of the top 10 foreclosure cities, according to the latest census data.

African-Americans are also hit hard by the crisis, although they aren’t concentrated in cities with the highest foreclosures. In only two of the top 10 metro areas – Fort Lauderdale, Fla., and Vallejo-Fairfield, Calif. – did they make up more than 10 percent of the population. Their homeownership rates also trailed those of Hispanics in all but Vallejo-Fairfield.

Still, African-Americans made up more than 20 percent of the population in metro Detroit, No. 13 on the list of top foreclosure cities by RealtyTrac, and in Miami, No. 15.

It is cities such as these – along with Cleveland, which felt the brunt of the housing crisis early – where the pressure is building for local politicians to come up with a solution.

Activist groups say this racial dimension to the problem puts a special responsibility on the federal government to relieve distress in these neighborhoods.

“The subprime lending debacle has caused the greatest loss of wealth to people of color in modern US history,” says Amaad Rivera, lead author of a 2008 report by United for a Fair Economy. The Boston-based research group estimates that black/African-American borrowers will lose between $71 billion and $92 billion in the current foreclosure crisis, while Latino borrowers will lose between $75 billion and $98 billion.

“The difficulties have been concentrated in ‘subprime’ loans, which generally go to borrowers with limited or damaged credit, although there is evidence that some borrowers are shifted into the subprime category because they are African-American or Hispanic,” said Rep. Barney Frank (D) of Massachusetts, who chairs the House Financial Services Committee, in a statement last week.


85 posted on 09/15/2008 10:15:55 AM PDT by maggief (Read my lip-stick!)
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To: mewzilla

seen any numbers for how many loans went to illegal immigrants?

.
Funny you should ask, I noticed many of the Mexicans moving into trailer houses, while Somali’s were moving into apartments, figured it had something to do with residency, but follow the money may be a better pursuit


181 posted on 09/15/2008 11:28:41 AM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
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