[BigDaddyTX]

Isn’t it nice to know that we help fund his efforts?

http://thomas.loc.gov/cgi-bin/query/F?c110:5:./temp/~c1109ELV8i:e647497:

H.R.3221

Housing and Economic Recovery Act of 2008 (Enrolled as Agreed to or Passed by Both House and Senate)
SEC. 2401. HOUSING COUNSELING RESOURCES.

There are appropriated out of any money in the Treasury not otherwise appropriated for the fiscal year 2008, for an additional amount for the `Neighborhood Reinvestment Corporation—Payment to the Neighborhood Reinvestment Corporation’ $100,000,000, to remain available until December 31, 2008, for foreclosure mitigation activities under the terms and conditions contained in the second undesignated paragraph (beginning with the phrase `For an additional amount’) under the heading `Neighborhood Reinvestment Corporation—Payment to the Neighborhood Reinvestment Corporation’ of Public Law 110-161.

Check out their Grantees!!!!!
http://www.nw.org/network/nfmcp/documents/AwardeesbyGrantAmount-FINALforwebstie.pdf

Acorn, LaRaza...!!!

[mewzilla]

I was wondering if anyone would crunch the numbers. Thanks for posting this, HB!

[mylife]

I had heard that an illegal hispanic woman in Ca, without a job got a home loan for 500,000.

Rumor? It doesnt appear so.

[happinesswithoutpeace]

Crazy number sounds more like a ball park for all types of loans for illegals.

[TexasCajun]

My head is going to explode!!

Rush must mentioned this.

[skeeter]

You wanted proof - are HUD numbers good enough?

[RDTF]

Drudge has this up now

[mewzilla]

BTTT.

[RealtorKim]

Let’s not be mislead into thinking that a gun was put to the lender’s heads to “force” them to make sub prime loans without verifying social security numbers.... Some greedy, unregulated, unscrupulous lenders smelled money and took advantage of the loosening of requirements by Freddie Mac and Fannie Mae. If those lenders WANTED to verify the SS#’s, noone was stopping them from doing that!!!