Mortgage Prospects Dim for Illegal Immigrants (abuse, money)

[mdonaldson]

Mortgage Prospects Dim for Illegal Immigrants (http://yaleglobal.yale.edu/display.article?id=11512 - broken link)

It's sickening to read that illegal immigrants were even allowed to obtain mortgages in the first place. ITINS? Such potentials for financial abuse.

[Bummer]

Originally Posted by mdonaldson

Mortgage Prospects Dim for Illegal Immigrants (http://yaleglobal.yale.edu/display.article?id=11512 - broken link)

It's sickening to read that illegal immigrants were even allowed to obtain mortgages in the first place. ITINS? Such potentials for financial abuse.

Sickening, mdonaldson?

More like downright ridiculous! The Illegals had absolutely nothing to lose when their "no money down" property began to lose value so they merely quit (assuming they ever started) making payments while destroying the place and then packed up and went home.

In this case . . . who's the dummy?

[mkfarnam]

I wonder how mant of these house were immediatly add additions to for more illegals and without permits?