[too_cool_for_skool]

According to Wall Street Journal, only 75.5 million households own homes: http://online.wsj.com/article/SB122341352084512611.html

About 50 million of these homes have outstanding mortgages:
http://calculatedrisk.blogspot.com/2007/12/homeowners-with-negative-equity.html

5 million mortgages by illegals means 10% of all mortgaged homes in the US are by illegals? 5 million mortgages also means 5 million people have had their SSNs stolen by an illegal and used to buy a house. I’m pretty sure I’d notice a newly issued mortgage in my credit report.

Doesn’t pass the smell-test ...

[Sherman Logan]

Thank you so much for bringing some logic to this discussion.

Not that this will make you popular. You obviously are a troll.

[raybbr]

5 million mortgages by illegals means 10% of all mortgaged homes in the US are by illegals? 5 million mortgages also means 5 million people have had their SSNs stolen by an illegal and used to buy a house.

In your zeal to prove the benefits of illegals you forget one thing: Banks are allowed to use TIN's to give out mortgages.

In case you don't know what a TIN is it is a Taxpayer Identification Number. It can be very easily gotten using a Matricula Consular card which were being passed out by the millions several years ago.