Home loans for illegal aliens
Illegal aliens are connecting with mortgage brokers and lenders to obtain homes and home loans. Even though it is illegal to trespass our borders, overstay visas, and encourage and harbor illegal aliens, the federal government is actually assisting in the violation of USC 8 1324.
Citizen homebuyers can't obtain mortgages without proof of identity, legal residence and a Social Security number. Yet illegal aliens are allowed to supply a taxpayer identification number which the IRS freely provides to anyone who asks - without doing a criminal background check. Indeed, many banks accept a TIN as the primary form of identification from illegal alien customers.
For more information, see:
- Home loans for illegal aliens?!, by Michelle Malkin, August 29, 2003.
- Can Banks Profiteer From Illegal Immigration with Impunity?