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  • A mortgage plan tailored for illegal aliensBanks eager tlo dip into the $44 billion housing market

    04/08/2005 11:19:07 AM PDT · by television is just wrong · 30 replies · 904+ views
    World Net Daily ^ | april 8, 2005 | Joseph Farah
    Mortgage lenders are eager to tap into what they see as a $44 billion marketplace – housing loans for illegal aliens. Banks across the United States are writing loans based on individual taxpayer identification number, or ITIN. They are easy to get, even if you are ineligible for a Social Security card. The Internal Revenue Service issues them and expects recipients to file tax returns. The IRS doesn't report illegal aliens to immigration officials. Mortgage lenders don't care if applicants are legal or illegal. They simply make a business decision in approving or disapproving a loan. Not everyone approves of...