Julian's brother, Cong Joaquin Castro is quite close-mouthed about his part in the activities of the separatist Congressional Hispanic Caucus.....particularly the Caucus' financial activities that profited Mama Castro's ethno-centric activism in the heinous La Raza organization:
MASSIVE MORTGAGE FRAUD ON CAPITOL HILL The Congressional Hispanic Institute, Inc, is an entity organized by latino underworld kingpin then-Cong Joe Baca (D-Cali) in his capacity as head of the Congressional Hispanic Caucus. Then-Cong Baca created "HOGAR" (Spanish for home) in 2003 to work with the mortgage industry, lender and banks and latino community groups to increase mortgage lending to what savvy observers considered to be unqualified Latinos.
"HOGAR" colluded w/ then-Cong Baca in what was to become a massive bilking of taxpayers. Baca calculatedly hyped the fact that the national Latino homeownership rate was 47%, compared with 68% for the overall population.
HOGAR's efforts were to ensure that by the end of the decade illegal latinos will share equally in the American Dream of home ownership." HOGAR and Cong Baca conned the public, failing to note that most of the "dreamers" were illegals, citizens of Third World countries who had violated US borders.
As the subprime debacle unfolded---saddling taxpayers w/ $$billions in bailouts---HOGAR declined repeated requests for comment despite the economic havoc their activities precipitated.
These mortgage schemes demonstrated the criminal activities of border violators with multiple identities---perhaps violent, terrorist-connected foreigners---colluding and conspiring to defraud private companies and public entities. And mortgage racketeering enterprises which employed sub rosa finance and business practices to carry out deceptions and frauds.
The crime syndicate of swindlers included a Congresman, illegals with multiple identities--all colluding to cheat the US govt and taxpayers out of hundreds of millions of dollars.
La Raza also got Democrat Congressional earmarks and tax dollars for "mortgage counseling." The super-secret Congressional Hispanic Caucus calculatedly launched a housing initiative called "HOGAR"-- Spanish for home. Conspiracy and collusion were the watchwords....... race-based "La Raza" was given tax dollars and Congressionsl earmarks to finance its so-called mortgage activities.
La Raza's "strategic partnerships” with Wachovia and Bank of America forced the falsifications of mortgage-application and the dumbing down of mtge requirements and documentation standards.......which caused taxpayers to be socked w/ billions in bailouts as the US economy tanked.
La Raza aided and abetted risky federal and private-home loans to latinos over the last decade. thanks to the lending industry’s version of “don’t ask, don’t tell.”
In addition to millions of federal tax dollars, La Raza also collected a $1 million Democratic earmark that funded “community-development” projects.
Analysts report that much of it went to "mortgage counseling." (waiting for hysterical laughter to die down)
After Election, Liz wrote:
The groundwork for massive fraud in our tax-funded housing programs has already been laid....HUD, AFFH are prime targets for fraud.
Julian’s brother, Cong Joaquin Castro is quite close-mouthed about his part in the activities of the separatist Congressional Hispanic Caucus.....particularly the Caucus’ financial activities that profited Mama Castro’s ethno-centric activism in the heinous La Raza organization:
MASSIVE MORTGAGE FRAUD ON CAPITOL HILL The Congressional Hispanic Institute, Inc, is an entity organized by latino underworld kingpin then-Cong Joe Baca (D-Cali) in his capacity as head of the Congressional Hispanic Caucus. Then-Cong Baca created “HOGAR” (Spanish for home) in 2003 to work with the mortgage industry, lender and banks and latino community groups to increase mortgage lending to what savvy observers considered to be unqualified Latinos.
“HOGAR” colluded w/ then-Cong Baca in what was to become a massive bilking of taxpayers. Baca calculatedly hyped the fact that the national Latino homeownership rate was 47%, compared with 68% for the overall population.
HOGAR’s efforts were to ensure that by the end of the decade illegal latinos will share equally in the American Dream of home ownership.” HOGAR and Cong Baca conned the public, failing to note that most of the “dreamers” were illegals, citizens of Third World countries who had violated US borders.
As the subprime debacle unfolded-—saddling taxpayers w/ $$billions in bailouts-—HOGAR declined repeated requests for comment despite the economic havoc their activities precipitated.
These mortgage schemes demonstrated the criminal activities of border violators with multiple identities-—perhaps violent, terrorist-connected foreigners-—colluding and conspiring to defraud private companies and public entities. And mortgage racketeering enterprises which employed sub rosa finance and business practices to carry out deceptions and frauds.
The crime syndicate of swindlers included a Congresman, illegals with multiple identities—all colluding to cheat the US govt and taxpayers out of hundreds of millions of dollars.
La Raza also got Democrat Congressional earmarks and tax dollars for “mortgage counseling.” The super-secret Congressional Hispanic Caucus calculatedly launched a housing initiative called “HOGAR”— Spanish for home. Conspiracy and collusion were the watchwords....... race-based “La Raza” was given tax dollars and Congressionsl earmarks to finance its so-called mortgage activities.
La Raza’s “strategic partnerships” with Wachovia and Bank of America forced the falsifications of mortgage-application and the dumbing down of mtge requirements and documentation standards.......which caused taxpayers to be socked w/ billions in bailouts as the US economy tanked.
La Raza aided and abetted risky federal and private-home loans to latinos over the last decade. thanks to the lending industry’s version of “don’t ask, don’t tell.”
In addition to millions of federal tax dollars, La Raza also collected a $1 million Democratic earmark that funded “community-development” projects.
Analysts report that much of it went to “mortgage counseling.” (waiting for hysterical laughter to die down)
Thanks for the information.