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08-09-2005, 10:18 AM #1
Despite Illegal Status, Buyers Get Home Loans
http://www.latimes.com/news/local/la-me ... -headlines
August 9, 2005
Despite Illegal Status, Buyers Get Home Loans
Mortgage lenders are designing programs aimed at undocumented immigrants. Real estate agents also see a huge untapped market.
By Anna Gorman, Times Staff Writer
Each week, Pedro Morlet knocks on doors in the Bay Area, looking for illegal immigrants.
Morlet isn't an immigration agent. He's a real estate agent, and he's scouting for business.
"Do you want a house, work and pay taxes but don't have a Social Security number?" reads his flier, written in Spanish and tailored to his potential customers. "We can help you LEGALLY!"
Across the country, particularly in Texas and parts of the Midwest, hundreds of illegal immigrants have bought homes using special lending programs that bypass the need for a Social Security number. Now, with backing from some of the country's largest financial institutions, this newest effort to tap customers for the real estate market is moving to the nation's largest concentration of illegal immigrants â€â€RIP Butterbean! We miss you and hope you are well in heaven.-- Your ALIPAC friends
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08-09-2005, 11:37 AM #2
Re: Despite Illegal Status, Buyers Get Home Loans
[quote="butterbean"] Each week, Pedro Morlet knocks on doors in the Bay Area, looking for illegal immigrants.
Morlet isn't an immigration agent. He's a real estate agent, and he's scouting for business.
"Do you want a house, work and pay taxes but don't have a Social Security number?" reads his flier, written in Spanish and tailored to his potential customers. "We can help you LEGALLY!"
. . .
Advocates of tighter controls on immigration oppose the idea of illegal residents buying homes here. Lending money to illegal immigrants encourages others to cross the border, they say.
"They have no right to own property in the United States because they have no right to be here in the first place," said Diana Hull, president of Californians for Population Stabilization.
Legally, that's not quite true. Unlike some countries â€â€"Those who cannot learn from history are doomed to repeat it" George Santayana "Deo Vindice"
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08-09-2005, 11:49 AM #3Sec. 274. [8 U.S.C. 1324]
(a) Criminal Penalties.-
(1)(A) Any person who-
(i) knowing that a person is an alien, brings to or attempts to bring to the United States in any manner whatsoever such person at a place other than a designated port of entry or place other than as designated by the Commissioner, regardless of whether such alien has received prior official authorization to come to, enter, or reside in the United States and regardless of any future official action which may be taken with respect to such alien;
(ii) knowing or in reckless disregard of the fact that an alien has come to, entered, or remains in the United States in violation of law, transports, or moves or attempts to transport or move such alien within the United States by means of transportation or otherwise, in furtherance of such violation of law;
(iii) knowing or in reckless disregard of the fact that an alien has come to, entered, or remains in the United States in violation of law, conceals, harbors, or shields from detection, or attempts to conceal, harbor, or shield from detection, such alien in any place, including any building or any means of transportation;
(iv) encourages or induces an alien to come to, enter,or reside in the United States,knowing or in reckless disregard of the fact that such coming to, entry, or residence is or will be in violation of law, shall be punished as provided in subparagraph (B); or
(v) 1/ (I) engages in any conspiracy to commit any of the preceding acts, or
(II) aids or abets the commission of any of the preceding acts,
(B) A person who violates subparagraph (A) shall, for each alien in respect to whom such a violation occurs-
(i) in the case of a violation of subparagraph (A)(i) or (v)(I)2/ or in the case of a violation of subparagraph (A)(ii), (iii), or (iv) in which the offense was done for the purpose of commercial advantage or private financial gain,3/ be fined under title 18, United States Code, imprisoned not more than 10 years, or both;
(ii) in the case of a violation of subparagraph (A)(ii), (iii), (iv), or (v)(II),4/ be fined under title 18, United States Code, imprisoned not more than 5 years, or both;
(iii) in the case of a violation of subparagraph (A)(i), (ii), (iii), (iv), or (v)5/ during and in relation to which the person causes serious bodily injury (as defined in section 1365 of title 18, United States Code) to, or places in jeopardy the life of, any person, be fined under title 18, United States Code, imprisoned not more than 20 years, or both; and
(iv) in the case of a violation of subparagraph (A)(i), (ii), (iii), (iv), or (v) resulting in the death of any person, be punished by death or imprisoned for any term of years or for life, fined under title 18, United States Code, or both.
http://uscis.gov/lpBin/lpext.dll/insert ... slb-act274
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08-09-2005, 12:14 PM #4Originally Posted by JohnB2012"Those who cannot learn from history are doomed to repeat it" George Santayana "Deo Vindice"
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08-09-2005, 12:51 PM #5wouldn't going door to door be "aiding and abetting" and "enticing" illegal aliens to stay in this country?
Since they don't, it's a no risk proposition.It's like hell vomited and the Bush administration appeared.
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08-09-2005, 01:06 PM #6
It's easy to tell GWB majored in business, not law.
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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08-09-2005, 03:11 PM #7
Thought the following article is appropriate for this discussion, and makes me even angrier when I hear illegals keep getting loans to buy houses. Throw them all out so the average American citizen can have a chance at the American dream of owning their own home.
www.ajc.com
Housing Prices High for Low Income Workers
By JENNIFER C. KERR
Associated Press Writer
WASHINGTON â€â€Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at http://eepurl.com/cktGTn
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08-09-2005, 05:55 PM #8Originally Posted by LegalUSCitizen"Those who cannot learn from history are doomed to repeat it" George Santayana "Deo Vindice"
Michigan Republicans want to ban sanctuary cities after homicide
03-29-2024, 07:19 AM in illegal immigration News Stories & Reports