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ILLEGAL ALIENS BUY THE MOST EXPENSIVE HOUSES IN US !

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  • ILLEGAL ALIENS BUY THE MOST EXPENSIVE HOUSES IN US !

    Source: Immigration Report


    The San Diego housing market is one of the most expensive in the country and many first-time home buyers are simply priced out of the market. Even if you can somehow scrape together enough money for a down payment, rising interest rates and mortgage insurance make it exceedingly difficult to become a homeowner.

    That is, unless you happen to be an illegal alien.

    If you are in the country illegally, don't have a valid social security number and use a taxpayer ID number instead, you're in luck. The Association of Community Organizations for Reform Now (ACORN) has persuaded Citibank, one of the nation's largest banks, to help out. Illegal aliens in San Diego can purchase a home at 85-90%% below market rates, receive 20% down payment assistance, and not have to take out mortgage insurance like other risky customers do.

    A similar program instituted by Wells Fargo in the Los Angeles area attracted bad publicity, so Citibank is trying to keep quiet the fact that illegal aliens can get better deals on home mortgages than citizens. The position of the banks is that as long as there is a buck to be made off of illegal aliens, they are going to keep marketing to them. As Chuck Lemoine, a senior vice president at Wells Fargo said, "It's not only the right thing to do, it's good business."

    THIS MUST STOP NOW !

  • #2
    Source: Immigration Report


    The San Diego housing market is one of the most expensive in the country and many first-time home buyers are simply priced out of the market. Even if you can somehow scrape together enough money for a down payment, rising interest rates and mortgage insurance make it exceedingly difficult to become a homeowner.

    That is, unless you happen to be an illegal alien.

    If you are in the country illegally, don't have a valid social security number and use a taxpayer ID number instead, you're in luck. The Association of Community Organizations for Reform Now (ACORN) has persuaded Citibank, one of the nation's largest banks, to help out. Illegal aliens in San Diego can purchase a home at 85-90%% below market rates, receive 20% down payment assistance, and not have to take out mortgage insurance like other risky customers do.

    A similar program instituted by Wells Fargo in the Los Angeles area attracted bad publicity, so Citibank is trying to keep quiet the fact that illegal aliens can get better deals on home mortgages than citizens. The position of the banks is that as long as there is a buck to be made off of illegal aliens, they are going to keep marketing to them. As Chuck Lemoine, a senior vice president at Wells Fargo said, "It's not only the right thing to do, it's good business."

    THIS MUST STOP NOW !

    Comment


    • #3
      BS, no bank will sell RE 90% below market price to no one.
      AMNESTY TO SLAVES NOW!
      STOP THE SLAVERY NOW !!!

      Comment


      • #4
        This is what "Immigration Report" says.
        They NEVER B.S. !

        NO GUEST WORKER AMNESTY FOR ILLEGALS !

        WE WANT JANITORIAL, AGRICULTURAL AND OTHER MENIAL JOBS BACK !

        WE CAN'T SURVIVE WITHOUT THOSE JOBS - BUT ILLEGALS STEAL THOSE JOBS FROM US !

        PLEASE ACT NOW !

        STOP THIS MCKENNEDY MADDNESS AND DESTRUCTION NOW !

        SAY NO TO GUEST WORKER AMNESTY !

        WE MUST STOP IT NOW !

        Comment


        • #5
          Immigration Report??
          Ha-Ha !! BS of all BS.

          STOP THE SLAVERY NOW !
          AVOID CIVIL WAR !!!

          Comment


          • #6
            Yes, we don't want to be slaves of illgeal aliens anymore!
            While we work hard for pennies, illegals make millions and buy the most expensive houses in San Diego!

            STOP GUEST WORKER AMNESTY DESTRUCTION NOW !

            Comment


            • #7
              LieMaster, if you work for pennies, you have no business in USA, go back where you came from.

              Comment


              • #8
                Round up all the welfare collecting worthless unemployed Americans. Send them to the farms where they'll get a shack to sleep in and all the fruits and veggies they can eat, pay em $1 an hour and make em pay taxes.

                Comment


                • #9
                  No, I don't want to work for pennies, I want $30-35/HR jobs, and that's exactly what janitorial, agricultural and other jobs would pay if we kicked all those dirtbags out of here!
                  Don't you understand?

                  Here is some clue for you:

                  www.fairus.org

                  Comment


                  • #10
                    Liemaster,
                    To purchase a home, you do not need a SSN or ITIN. That only occurs when a financial insitution wants to run a credit check. Second, you never cited a source for what you are alleging. Finally, banks can sell homes 90% below market value. It is called an auction which the formers home owners went either through bankruptcy and/or forclusure.
                    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence." John Adams on Defense of the boston Massacre

                    Comment


                    • #11
                      Ask the banks what the interest rates are on these loans. The ones I've heard of are running almost twice what mine is.

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