PING
She is Spot on.
FREEPER DB POSTED: Here's what they did in my area: (Illegal) family member buys house and gets teaser loan. Family member sells house to another illegal family member for $50k more. That illegal family member gets teaser loan. That family member sells house to yet another family member for even more again getting a teaser loan. They repeat this multiple times.
The last family member defaults on the loan and goes back to Mexico. The other family members walk away with a couple hundred thousand dollars of the banks money through all the repeated selling between family members. No one is accountable. Now repeat this on a broad scale and you can get an idea of what was going on...
INVADERS' DEFRAUD---TAXPAYERS PAY Multiply this mortgage scam by millions of invaders squatting on US oil. Better believe the Mexican govt was in on the scam----and profited along with the invaders.