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This is only one of the many problems in this country. This is a sob story to make us feel sorry for the supposed law-abiding illegals. I can't even think of any illegal as a law-abiding person when they broke a law to get into the country, and then continue to break laws to stay here.
No laws broken as illegal immigrants obtain loans, buy homes
He lives in a two-bedroom house hard by the highway in Boston, with flowers out front and a grill in the back. He has raised two children, bought two cars, and filed federal and state income taxes every year.
He blends seamlessly into his neighborhood, except for one thing: This particular homeowner, with his 1,875 square feet of US soil, is an illegal immigrant from Colombia, one of possibly hundreds of thousands of such people nationwide who have grabbed a piece of the American dream.
Their very existence, now coming amid increasing attention on illegal immigrants from Washington policymakers, has sparked new calls for crackdowns on home lending, even as so many illegal immigrants are rising into the middle class and embedding themselves into their communities.
"We're not sponging off the citizens of the United States," he said in a telephone interview. "I'm not a citizen, but I'm doing my part as a citizen."
This guy is nuts. If you're not a citizen you CANNOT simply squat and play the part of one and think it makes your illegal status ok. What part of ILLEGAL ALIEN does this squatter not understand?
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Criticsaccuse banks of using legal loopholes to essentially sanction illegal immigration, and fear that immigrants who cannot speak English well - or who aren't financially savvy - would be easy prey for unscrupulous lenders.
US Representative John T. Doolittle, Republican of California, sought to crack down on loans to illegal immigrants this year when he pushed legislation to ban government-sponsored enterprises from giving out residential mortgages based on IRS taxpayer identification numbers.
The requirement passed the House in May as an amendment to another bill and is pending in the Senate.
It should be passed. Illegal aliens have defaulted on hundreds of thousands of mortgage loans that they should never have received. The fact that they were "undocumented" loans means that as part of the massive bank bailouts, taxpayers are being forced to finance this fraudulent mess.
Quote:
"It just sort of makes a mockery of our system," Doolittle said. "You can own a piece of the American dream without being here legally."
Ira Mehlman, spokesman for the national Federation for American Immigration Reform, criticized mortgage lenders and others for selling loans to people who could be deported at any time. "It's another example of business ignoring the impact that illegal immigration has on society because they think they can make a buck off it," he said.
I couldn't agree more. They all need to be locked in jails cells with their illegal alien "clients".
This is only one of the many problems in this country. This is a sob story to make us feel sorry for the supposed law-abiding illegals. I can't even think of any illegal as a law-abiding person when they broke a law to get into the country, and then continue to break laws to stay here.
No laws broken as illegal immigrants obtain loans, buy homes
He lives in a two-bedroom house hard by the highway in Boston, with flowers out front and a grill in the back. He has raised two children, bought two cars, and filed federal and state income taxes every year.
He blends seamlessly into his neighborhood, except for one thing: This particular homeowner, with his 1,875 square feet of US soil, is an illegal immigrant from Colombia, one of possibly hundreds of thousands of such people nationwide who have grabbed a piece of the American dream.
Their very existence, now coming amid increasing attention on illegal immigrants from Washington policymakers, has sparked new calls for crackdowns on home lending, even as so many illegal immigrants are rising into the middle class and embedding themselves into their communities.
Christ: that is bald faced fraud right there..........using an obviously fake SSN or tax ID
It is not illegal for a foriegn national to own property in this country. However, it is a crime for an illegal alien . . what the mortgage brokers are doing is playing a "don't ask don't tell" game, and most likely, coaching illegal aliens on the documentation necessary to skirt our laws and commit fraud.
Illegal aliens know they are committing yet another crime purchasing real property in this country. Mortgage brokers and those involved with the selling of real property and mortgages to illegal aliens, also know they are committing a crime. The Federal Government is completely aware of it -- doing absolutely nothing about it.
Most likely, the only one who doesn't know of this criminal activity and collusion, is the is the average citizen of this country, who has been completely dumbed-down with political correctness, and will fund the bailout with their allotment of that debt.
Just another "**** you gringo", from the illegal aliens, as a reminder, how they came here seeking a better life, that they felt it necessary to corrupt everything they touch.
Location: Oklahoma(formerly SoCalif) Originally Mich,
13,387 posts, read 19,425,495 times
Reputation: 4611
Quote:
Ira Mehlman, spokesman for the national Federation for American Immigration Reform, criticized mortgage lenders and others for selling loans to people who could be deported at any time.
Quote:
"It's another example of business ignoring the impact that illegal immigration has on society because they think they can make a buck off it," he said
.
EXACTLY!!!
Quote:
mortgage lenders and others for selling loans to people who could be deported at any time.
Thats not a risk???????....
I moved to OK. just after the new Immigration law took affect. I've had several accounts with Bank of America. I went to the B of A closest to me (near Ft, Sill) I transfered my accounts from California and talked to the Vice President of that bank for close to 2 hr's. I even chewed her a$$ out for offering credit card to Illegals. She said that that bank was the last to do it and the first to quit. She said they were forced to do it by the Corperate banks.
She was very nice and we are now good friend. She would tell mee anything I wanted to know about what's going on.
Last edited by mkfarnam; 12-10-2008 at 06:42 PM..
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She would tell mee anything I wanted to know about what's going on.
