[dennisw]

Some five million fraudulent home mortgages are in the hands of illegal aliens, according to the U.S. Department of Housing and Urban Development.

Highly doubtful. I'd love to see confirmation on this one

[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 ...