Posted on 03/15/2021 3:52:26 PM PDT by george76
Dreamers” will have an easier time receiving home loans from the Biden administration. According to James Fulford of VDARE, the “Dreamers” — illegal aliens whose illegal parents allegedly brought them stateside when they were children — will now be eligible for home loan applications thanks to a change in FHA policy that was brought about right before President Joe Biden took office.
Juan Carlos Chavez of The Tampa Bay Times noted that the sudden shift in policy “reflects a contrast in approaches toward immigration by the Biden and Trump administrations.”
The previous Trump administration did make genuine efforts to restrict immigration and get rid of DACA. Chavez noted that “Dreamers did not qualify for home loans because of how the FHA interpreted a 2003 passage from its Single Family Housing Handbook: “Non-US citizens without lawful residence in the United States are not eligible for FHA-insured mortgages.””
But with Biden at the helm FHA policy has changed significantly, which Chavez outlined:
Now, the agency takes a different view of “lawful residency,” saying on its latest forms that the handbook “did not anticipate a situation in which a borrower might not have entered the country legally, but nevertheless be considered lawfully present.”
The federal government backs FHA mortgages, which makes it easier for middle-class and lower-income people to acquire a home. Because of the government guarantee, banks and financial institutions are much more keen on extending FHA loans to families who have lower credit scores or who make smaller down payments, which go as low as 3.5%.
Ultimately DACA needs to be scrapped. Because as long as its exists, bureaucrats at the FHA will always find ways to use taxpayer dollars to advance their social engineering projects. That’s what happens when you have open border policies coupled with programs financed by other people’s money.
The Trump administration sadly did not repeal this program, but Trump himself should make it a key part of his re-election campaign to end this program. In addition, his campaign should concurrently push candidates at the congressional level who vow to eliminate DACA and clamp down on all forms of immigration for that matter.
Those who care about preserving U.S. republican institutions and a functional social order should not shy away from immigration patriotism whatsoever. The current crisis festering on our border serves as a reminder why the immigration question isn’t going away and must be addressed.
If the GOP doesn’t want to get electorally trounced by demographics, it should actually start promoting candidates who are interested in undertaking legislative efforts to address the matter. Independent of that, the America First faction of the GOP must continue pressing hard on immigration, to the point where immigration restriction becomes a normal part of Republican discourse and legislative agendas.
I’m such a sucker sitting here working 60 hours a week and paying my mortgage. I missed the gravy train lesson in HS economics.
Soon, any and all illegal aliens will begin to receive this and numerous other perks, at the expense of American taxpayers, and their decedents. Sounds like 2008 retro nostalgia. Welcome the new Crash of 2022!
Fanfreakintabulous. Isn’t this how the last crash happened? I predict the property value of my neighborhood soon plummeting
They have to have a address to live at to get a voter ballot. Makes it legal..
And guess what comes after loan guarantees! You got it. Loan forgiveness.
But, that's okay, because the loans aren't truly forgiven. They are transferred to, guess who? You and me!
America. What a contry.
For the love of Pete. Will a Republican please sue to stop this mess?
The rats did it to us.
I just want to close our refi!
And in a few years they will be screaming “LOAN FORGIVENESS!”
No need to thank me. Just remember me in your will.
In another time this discriminatory treatment of this burgeoning social class with racist implications would anger black people, but the last regime of America is busy setting up the buy-off for the blacks, too, except that program will mysteriously fade away while the economy crush giveaway to the latest racial exploited will rush forward. Dunmbing down Americans has worked! A few more massive drug shipments into the predominantly black cities like Detroit, Atlanta, Baltimore, etc and the collapse will have been accomplished just as planned. rushed along by exploiting and manipulating black people who were made vulnerable ny demon rat policies over the last sixty years.
What’s the point of citizenship anymore? It’s more advantageous to be an illegal.
Section 8 housing in the suburbs will soon follow.
Why can’t democrats ever see beyond the moment? Remember #METOO and how we had to believe all women, until it was used against them?
Remember kids being detained was a bad thing, until they were the detainers?
Remember being forced to give mortgages to people who could not afford them, until they couldn’t pay them back?
In a few days as BLM separates itself from Antifa they will be screaming that they have always been aginst Antifa. ( a nonexistant entity/S)
Geez
The Republic is finished. There really is no turning back for what is facing us.
Absolutely pathetic. I tried using my VA loan last year for the first time in 35 years, they put me through the ringer because of my average credit from a difficult divorce. America is over the cliff and I am now responsible for paying for everyone else, makes me sick to my stomach.
Paying off student loans, paying into Medicare for decades, contributing to society by working instead of mooching. All that makes you a Deplorable, you know.
When the "Dreamer" passes by in a luxury convertible, smoking a blunt, and parking in front of his fancy new house, you'll wonder where you went wrong.
Plus you'll be blamed for your "privilege" of working hard all your life. Reparations time.
‘Disadvantaged’ Farmers received USDA Loan forgiveness (up to $400,000 + 20% for tax liabilities)
Why do I work?
Sadly true.
And don’t forget you benefited from racial privilege all this time and didn’t know it.
Now you’ll owe reparations to the phony descendants of 1600-1860s slaves.
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