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Five Million Fraudulent Mortgages Held by Illegals

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  • Five Million Fraudulent Mortgages Held by Illegals

    Five Million Fraudulent Mortgages Held by Illegals And this is why we can't have nice things

    --------------------------------------------------------------------------------

    And today's sign of the impending Apocalypse!

    Get your mortgage for nothing and your house for free!


    Quote:
    One illegal alien was arrested this year in Tucson after allegedly using a stolen social security number to buy two homes and rack up over $780,000 in bad debt.

    Some five million fraudulent home mortgages are in the hands of illegal aliens, according to the U.S. Department of Housing and Urban Development.

    It's not known how many of those have contributed to the subprime housing mortgage meltdown, but it has affected every state, including Arizona.

    The problem began years ago when banks were forced to give mortgages without confirming social security numbers or borrower identification. As a result, illegal immigrants were able to obtain home mortgages which they could not afford.

    One illegal alien was arrested this year in Tucson after allegedly using a stolen social security number to buy two homes and rack up over $780,000 in bad debt.
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  • #2
    Re: Five Million Fraudulent Mortgages Held by Illegals

    This amazes me. We all know firsthand what we have to do to get a mortgage and the kind of info we have to provide. How do they do this and get away with it. this has to be a big contributor to the crisis we are now in.
    Veritas Vos Liberabit

    Comment


    • #3
      Re: Five Million Fraudulent Mortgages Held by Illegals

      You know just for once I'd like to hear the candidates asked about stuff like this in the debates. Out of more than 8000 questions submitted Tom Brokaw picked the 12 questions that we have already heard them address at length. There was nothing new in that debate.

      I'd like to hear how they would address issues like this. I'd like to hear about their questionable relationships instead of reading a statement from their advisors. I'd like to know who they are fundamentally, not who their advisors tell them to be.

      Comment


      • #4
        Re: Five Million Fraudulent Mortgages Held by Illegals

        My ex is dating an illegal and she gets free health care and free lunch for her kids. How is that possible?
        A faithful heart makes wishes come true.





        Comment


        • #5
          Re: Five Million Fraudulent Mortgages Held by Illegals

          Originally posted by quirkysmilin View Post
          My ex is dating an illegal and she gets free health care and free lunch for her kids. How is that possible?
          thats unreal!! me and j aint had a paycheck in 3 mo's and they denied us!!! said we could appeal at the board, but give me a frucking break!!!
          HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!


          http://www.infinitymuscle.com/forum.php







          "Actually for once your actually starting sound quite logical!"-djdiggler 07/10/2007

          I LOVE BOOBOOKITTY...

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          • #6
            Re: Five Million Fraudulent Mortgages Held by Illegals

            stop talking about Arizona!!!!!

            Im going nuts!!!!!!!!
            three doodoo is back! Hide your women!

            Comment


            • #7
              Re: Five Million Fraudulent Mortgages Held by Illegals

              Originally posted by quirkysmilin View Post
              My ex is dating an illegal and she gets free health care and free lunch for her kids. How is that possible?
              And I bet she is a minority, right?
              Veritas Vos Liberabit

              Comment


              • #8
                Re: Five Million Fraudulent Mortgages Held by Illegals

                I SAY GET OUR NATIONAL GUARDSMEN TO TAKE TURNS ON THEIR 2 DAYS A MONTH TO GUARD THE BORDERS!! RIFLE IN HAND!
                ..“Your desire to change must be greater than your desire to stay the same.”





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