Thread: Tancredo Asks H.U.D. To Look Into Illegal Alien Housing Loan

Tancredo Asks H.U.D. To Look Into Illegal Alien Housing Loan Fraud

WASHINGTON, D.C. ) – Representative Tom Tancredo (R-Littleton) today sent a letter to the U.S. Department of Housing and Urban Development asking what safeguards are in place to verify the legal residency and identity of potential homebuyers to ensure that illegal aliens are not obtaining federally backed home loans. He also pressed the agency to disclose the extent to which this type of fraud is contributing to volatility in the mortgage markets.

In the letter, Tancredo cited a Colorado-based mortgage fraud ring in which realtors, loan officers, and sales agents were indicted and arrested for obtaining federally-backed loans for some 250 unqualified buyers by manufacturing false financial information, fraudulent identities, and bogus citizenship documentation.

“I believe this kind of fraud has significantly contributed to jitters we are seeing in the mortgage market,â€

Illegal aliens come to this country to commit the crimes Americans can't or won't do!

The government knows darn well that HUD gives housing to illegals. If illegals leave then the government ran program HUD will go broke. That is another reason why they are here to stay.

Goooo Tancredo, gotta love the guy.

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You have to love Tom for bringing so many issues related to illegal alien corruption "out of the shadows". Doing the job flakey POLITICIANS won't do.

I recently read that there are actually more illegal aliens living in Section 8 housing than citizens. Will see if I can still find the link.