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2008-10-09 Home Front Economy

HUD: Five Million Fraudulent Mortgages Held by Illegals

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Posted by GolfBravoUSMC 2008-10-09 13:26|| || Front Page|| [7 views ] Top

#1 I blame Bush!!!

Posted by Barney Frank 2008-10-09 13:34|| 2008-10-09 13:34|| Front Page Top

#2 The problem began years ago when banks were forced to give mortgages without confirming social security numbers or borrower identification.

See ACORN, LA RAZA and dhimocrats for blame.

Posted by DarthVader 2008-10-09 13:38|| 2008-10-09 13:38|| Front Page Top

#3 Boggle. You don't have to confirm a SS# prior to making a loan? Why the hell did I have to put mine on the form when we bought our house last year?

Willie Sutton wouldn't rob banks anymore. He'd just buy a house ...

Posted by Steve White 2008-10-09 14:11|| 2008-10-09 14:11|| Front Page Top

#4 I don't care whether they can 'afford' them or not, you shouldn't be buying a home as an illegal. I don't think you can own real estate in Mexico even if you are a legal permanent resident.

Posted by bigjim-ky 2008-10-09 14:16|| 2008-10-09 14:16|| Front Page Top

#5 We had to fill out paperwork for a week. Next time? "No habla"...

Posted by tu3031 2008-10-09 14:16|| 2008-10-09 14:16|| Front Page Top

#6 bigjim, here's the money quote from the Mexican Constitution -

"In a zone of one hundred kilometers' distance from the borders, and fifty from the coast, no foreigners shall be permitted to acquire direct ownership of land or water for any reason."

[...which makes it fascinating watching International House Hunters on HGTV as ~~gringos~~ Americans 'buy' places along the ocean in Old Mexico. Next bailout in...]

Posted by Procopius2k 2008-10-09 14:25|| 2008-10-09 14:25|| Front Page Top

#7 Bad link? Or taken down article?

I suppose McCain will want to give them our money too to lower their principal.

Posted by CrazyFool 2008-10-09 14:28|| 2008-10-09 14:28|| Front Page Top

#8 Article taken down. Mainly because it was full of bs, at least as far as the 5 million number goes.

Posted by Nimble Spemble 2008-10-09 14:52|| 2008-10-09 14:52|| Front Page Top

#9 Is there anything in Mexico worth buying that isn't on the beach? I've never run across it if there is.

Posted by bigijm-ky 2008-10-09 16:11|| 2008-10-09 16:11|| Front Page Top

#10 I don't know about our rate of crime for illegals. However, we had the murder of a young woman in our city. She was visiting to help set up a new restaurant. She was staying at a local motel. The murderer was a guy who worked at the motel and came into her room with a pass card or key. The guy turned out to be an illegal alien with what the police called a very good forgery of a social security card. I wonder who makes these forgeries and where they get them?

Posted by JohnQC 2008-10-09 17:37|| 2008-10-09 17:37|| Front Page Top

#11 Is there anything in Mexico worth buying

Texas Hill Country is pretty nice - I understand that will be part of Mexico again before too long.

Posted by Glenmore">Glenmore 2008-10-09 18:47|| 2008-10-09 18:47|| Front Page Top

#12 typically what you "buy" in Mexico is a 99-year land lease, and hope an Ejido doesn't pop-up and claim ownership after you build your dream retirement casa...

Posted by ZimBarbie">ZimBarbie 2008-10-09 19:07|| 2008-10-09 19:07|| Front Page Top

#13 damn sockpuppets

Posted by Frank G">Frank G 2008-10-09 19:08|| 2008-10-09 19:08|| Front Page Top

#14 Is there anything in Mexico worth buying
Tequila

Posted by Deacon Blues">Deacon Blues 2008-10-09 19:22|| 2008-10-09 19:22|| Front Page Top

#15 "Texas Hill Country is pretty nice - I understand that will be part of Mexico again before too long."

Not if the descendents of the original settlers there have anything to say about it - they are all German, and stubborn as the day is long. (I should know, I just finished writing a trilogy of historical novels about them!)

And also, this is Texas, so they are all armed. As far as I can see, the rich Mexicans have taken refuge in a gated community a little north of San Antonio on I-10. They don't want anything to do with all this "La Raza" reposession of Texas and the southwestern US - where the hell would they go to live a normal life and take refuge from the mess that their kind have made in Old Mexico, anyway?

Posted by Sgt. Mom">Sgt. Mom 2008-10-09 19:24|| http://www.celiahayes.com]">[http://www.celiahayes.com] 2008-10-09 19:24|| Front Page Top

#16 HUD: Five Million Fraudulent Mortgages Held by Illegals

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.

Besides HOMES Illegals are recieving FREE Organ Transplants which also includes FREE Organs of course.

In 2003, a "matching" viable liver costs $600,000 plus another $500,000 for its installation and after care costs at any Major Hospital in Caliphornia; Like Stanford University Ca. or UCSF University of Caliphornia @ San FranFreakco.

Imagine that the SAME illegal alien waz busted for racking up $780,000 in bad debt also recieved a FREE ORGAN TRANSPLANT paid for by You and Me.... Suckers.
:(

Posted by Red Dawg ">Red Dawg 2008-10-09 20:08|| 2008-10-09 20:08|| Front Page Top

#17 GolfBravoUSMC LINK FOUND To illegal alien report

HUD: Five Million Fraudulent Mortgages Held by Illegals
2008-10-09

Posted by Red Dawg ">Red Dawg 2008-10-09 20:21|| 2008-10-09 20:21|| Front Page Top

#18 #14 Is there anything in Mexico worth buying
Tequila
Posted by: Deacon Blues

just a word of recommendation: I did a side job for a homeowner and paid me and gave me a "thank you" bottle of Abandonado silver tequila. It's in the freezer, and I drink it straight over ice. Gooood stuff. I like it

Posted by Frank G">Frank G 2008-10-09 20:34|| 2008-10-09 20:34|| Front Page Top

#19 CHINESE MIL FORUM Thread > IS THE US FEDERAL RESERVE ENGAGED IN ACTS OF ECONOMIC WARFARE AGZ AMERICA? Treason agz their own Govt-Nation via massive Pro-HyperInflationary printing of Counterfeit or Baseless US Monies + other policies???

Posted by JosephMendiola 2008-10-09 20:57|| 2008-10-09 20:57|| Front Page Top

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