[Diana in Wisconsin]

Ald. Austin King: "On the whole, this is a great step forward for Madison," he said. "It really brings us into the 21st century in terms of our practices as a lender. This is the direction the entire country is heading in."

And they see NOTHING wrong with this! Visit CA! Visit AZ! Visit NM!

Yesterday, I was in Madison, and the Walgreen's there now has an entire greeting card section all in Spanish!

Wisconsinites? Remember this Socialist's name.

I'm spittin' nails over this. What a crock! The average LEGAL, tax-paying, hard-working "Citizen Schmuck" in Madison can't even afford a home there due to the property taxes and they want special help for ILLEGALS? Aarrgghhh!

[mtbopfuyn]

Oh, good gawd!

[Mr. K]

"Undocumented workers who pay Social Security taxes...

Ok... If they are UNDOCUMENTED then whose SS account are they paying into?

If they buy a house and pay taxes, then who is getting credit on a social security number?

[RoseofTexas]

WOW! Unbelievable! A great incentive for those crossing our borders illegally! C'mon on over we'll help you live free on taxpayers money... Nice going WI! :(

[ScreamingFist]

The average LEGAL, tax-paying, hard-working "Citizen Schmuck" in Madison can't even afford a home there due to the property taxes and they want special help for ILLEGALS?

LOL, don't you know that the "new home building sector" is up 11% since January? Now you know why......

[MsJefferson]

WHAAAA??? Who benefits because undocumented Mexicans are in the country? The cheap-labor mills that hire them. So, my tax dollars are going to subsidize people who won't give Americans good jobs, and then, I have to watch my neighborhood overflow with people who don't care enough about the country to legally become citizens.

Nice. Nice. Isn't that some kind of "reverse socialism" or something?

[tnfarmer]

We just came back from a visit with family in Rib Lake,Wi.We ate lunch in this McDonalds in Madison,it had a fireplace in it!

The town had Mexican`s everywhere we were. Mom said who`d have thought, Mexicans in Wisconsin.Jeeze

[freespirited]

I would think illegal aliens (oops I mean undocumented workers) would be a very high credit risk. But what do I know--them folks in the People's Republic of Madison are so much smarter than everyone else.

[Wonder Warthog]

The only thing "undocumented workers" (aka criminals) should be eligible for is immediate deportation to their country of origin. Give'em a hundred bucks and put'em on a plane home.

The hundred bucks should give'em housing and food until they can get from their arrival airport to their home (it takes a-) village.

[Irontank]

Ald. Austin King, a member of the Community Development Block Grant Commission, said in an interview he could not support the proposal as is because it creates a two-tier system. Only undocumented workers have to come up with a 5 percent down payment from another source, he said. "If you are documented you can get 100 percent loan to value," said King.

Yes...how unfair. Law-abiding residents (who, presumably, can't get loans from private lenders that have to lend their own money) get the taxpayer to loan them 100%...but if you are a criminal, you have to put down 5% before getting a loan from the taxpayers...which is more outrageous? Taxpayer-funded loans to people that private lender wouldn't lend to?...OR...people whining that illegal alien (i.e. federal felons) don't get the same welfare goodies as legal residents?

[television is just wrong]

Don't forget, Nevada, and Texas.

[hubbubhubbub]

We in Madison are having a hard time recruiting enough welfare recipients from Chicago to come live here to drain our treasury and swell our crime rolls so we have to turn to illegals to make up the difference.

[Malesherbes]

It's really wonderful that some of our cities have so much extra money lying around that they can pass it out with both hands.

[DumpsterDiver]

Undocumented workers Illegal aliens who pay Social Security taxes by using either stolen or forged Social Security cards would be eligible for homeownership and housing rehab assistance from the city, under a proposal endorsed by the Board of Estimates. (Madison, WI)

Madison WI, meet Los Angeles, CA
Welcome to our world!

Sharing in the dream (MAJOR Deceptive Title Alert!!!)

... Lenders are working to eliminate obstacles to ownership by easing conventional loan rules.

snip

Those challenges can include all-cash incomes and lack of traditional established credit, said Munera, who works with Pasadena Dickson Podley Realtors ...

snip

Some buyers lack federal W-2 forms ... but they qualify for mortgages because many of the country's biggest lenders have adopted creative credit practices.

Countrywide's Optimum Loan Program ... provides loans to qualified buyers with nontraditional credit, such as rent and utility bill receipts, and whose income is received in cash.

First American Corp. in Orange County ... uses its own qualifying criteria rather than the usual FICO scores. The company also guarantees closing costs and in some cases offers low- to moderate-income customers a 25% discount on those expenditures ...

snip

Immigrant households often have three or more workers, which helps the families qualify for loans ... It's not uncommon to have two or three families' names on one title document, said Mike Garcia, a Realty Masters agent ...

[July 4th]

Austin King is an idiot. He was elected to the council as a student when I was also a UW student. The problem is that the students have enough of a population that they get a few seats on the council, and paired with the idiot leftists who are permanent residents, they can out-vote the people who have any sense. I seem to recall that King was one of the "living wage" campaign leaders - proposing something like a $9.50 minimum wage in the city.

[blueblazes]

What do they offer to native born American citizens?

[dennisw]

What a farce!

[Czar]

More evidence that Washington has not cornered the market on political crapweasels.

Here in California, Sacramento is full of them...