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Sunday, 09/28/2008 11:23:23 AM

Sunday, September 28, 2008 11:23:23 AM

Post# of 33753
Illegal Aliens were given "no-doc" loans!

http://blog.vdare.com/archives/2008/09/27/tancredo-urges-no-bailout-goodies-for-illegal-borrowers/

Tom Tancredo is from my congressional district. He just turned the light on loans that were made to illegals that had no SS#, no documentation of citizenship, income, employment, NOTHING. Loans were even given to illegals with fake driver's licenses! Yes, there is fraud but come on, don't the banks have any sense of risk left at all?????

Tancredo said there are 10's or possibly over 100,000 loans to illegal aliens in the U.S. and they are simply walking away from the loans.

Kipp

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