Thankfully we can trust that an Obama or McCain administration will fight just as hard as our current one on illegal immigration. :(
The number sounds quite high to me. That would be one fraudulently obtained mortgage for a little over every two illegal immigrants.
Ah, the Legacy continues.
Our government has been overtaken by leftists from both the GOP and the Rats bump.
I live in Tucson - the number of houses listed for sale in the predominantly hispanic and illegal alien areas is unbelievable - house after house - and yet our local media refuses to explain how the American public were duped.
bump
Now we see what the AMNESTY was all about. My guess is everyone knew what was going on, but the people that now have to pay the bills.
Why not, the banks were handing out free money.
Was this just this one state that didn’t allow proof of ID?
Amazing.
Mortgage payment?! We don’ make no steenkin’ payment!!
This number seems made up. While there are illegals mentioned on the HUD website, the 5 million number does not come up.
There are several individual cases, and cases of brokers breaking the law by having illegals submit false SSNs, but they don’t add up to millions.
Until someone can confirm this, this story should NOT get legs.
Any other researchers take a look?
Yet there is a bigger failure of government: there are a number of agencies that get the payroll deposit data. At the very least the IRS gets it as well as the income tax agency in each state that levies a tax on incomes. So on a variety of levels, both STATE and FEDERAL governments have data that could be matched with other records to at least highlight employers with patterns of suspicious employees that seem to be employed at the same time elsewhere.
This is SHAMEFUL. These people should not be here in the first place. Employers should not be able to employ and they should know that government will soon investigate fully employee filings.
If this is true, than it is proof that there at least 50 million illegals in this country. Don’t they live like 50 in one house?
One illegal alien was arrested this year in Tucson after allegedly using a stolen social security number to buy two homes and rack up over $780,000 in bad debt. Let's all join in giving Juan a round of applause! |
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That’s a bunch of mortgages!
I wonder if McCain would buy those up along with the rest he promised to buy.
Insanity reigns!
The lenders are really stupid. The DemonRATS have caused this by requiring lenders to make loans to unworthy borrowers....Barney Faggot Franks and Chris Dodd are the chief culprits!
It’s pretty hard to blame the illegals for this. If banks left piles of cash out what do ya’ think would happen?
If you left the lid off the cookie jar in a room full of kids what would happen?
Our govt. purposely left the lid off the cookie jar.
Sounds pretty odious to me.
http://www.odiousdebts.org/odiousdebts/index.cfm?DSP=subcontent&AreaID=3
Or even (gasp) conspiratorial!
http://volokh.com/posts/1216060102.shtml
No problemo.
President McCain will just buy these bad mortgages right up so the poor illegals can live in their McMansions on our tax dollars.
Madness.
This should be a scandal of the same magnitude as Fannie Mae & Freddie Mac. But it won't be.
I buy foreclosures in the Chicago area. I can tell you without doubt that there are a lot of illegals that have props in FC. However they are not solely to blame.
Most are very hard working, strong Christian families that want a better life and got wrap up in greed and scams.