NRT: Let Fannie and Mac foreclose on the “needy” tenants. You’ll find at least half of those tenants scurrying back over the border while actual citizens get a deal on a home to call their own. A big Hell No to the bail-out.
muawiyah: I thought the numbers I used were demonstrative of something very important ~ namely that the amount claimed by Treasury far exceeds the largest debt the illegals could have generated if all they'd done was buy up every dirt cheap house in America. We can be fairly confident that the overwhelming majority of the illegals live/lived in rental housing.
Well now you know.
The maximum hit would be under $100,000,000,000 if illegal aliens had bought up every bottom end home in the country ~ and to do that to get through the first few payments (before defaulting) they'd had to have given up sending money down home.
They'd also have to stop eating.