Hatewatch Tweets
Hatewatch is managed by the staff of the Intelligence Report, an investigative magazine published by the Alabama-based civil rights group Southern Poverty Law Center.
HUD Debunks Illegal Immigrant Mortgage Myth
There is no factual basis for rapidly proliferating talk radio and blog reports claiming that more than 5 million illegal immigrants hold bad mortgages, according to the U.S. Department of Housing & Urban Development.
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on October 14th, 2008 at 1:11 pm
I have three family members in Real Estate! Two of them sell homes and the other is a broker! I can tell you for a fact,a good number of those bad loans where given to people without any proof of employment and or any legal Social Security numbers what so ever! Now you tell me if you would be willing to give a $200,000 loan to some one if you didn’t even know who they are?
on October 14th, 2008 at 4:07 pm
to Fred,
do you know how to verify your personal experiences (antedotes) with evidence that can be generalized to the larger public (society)? Just because you know someone who had this experience doesn’t mean it’s a trend across the country. It’s not either-or, but rather what are the percentages. And that’s your capitalism for you! Open up the market and you can expect greedy bankers to look the other way! Why do you think we’re in this mess? Illegal or legal, they’re all green according to America’s business community. Go yell at them and not at folks who are trying to survive…..
on October 14th, 2008 at 8:21 pm
When these people know these are the real facts first hand, yes I do believe them and take those facts for the truth! Why wouldn’t I? After all did you ever work in Real Estate?
on October 14th, 2008 at 8:33 pm
Will my moronic foolish friend, give me your so called real facts! Because I know these scum bag government leaderers did give those bad loans to people without legal Social Security Numbers and or proof of employment either, Nation wide! We all know the real truth about this scan by now, In care of Chris Dodd, Barney Frank, ACORN, And even O bama also! To make damn sure these bad loans where made in the first place! You see I do look for the facts, behind every Government scam! Unlike you!
on October 15th, 2008 at 6:51 pm
ooh! sensitive aren’t you?? Well I believe in respecting my fellow citizens beliefs even when they are not in agreement with mine. Although there are problems with a democracy (majority rules), we at least have some checks and balances. Yes, I look at facts. Yes, they use fake social security; in fact because they do, funds are collected by our federal government (ranging up to $70b–see E Porter, NYTimes, 2006) which is bolstering our social security. The issue is that local and state governments can’t access these funds and the immigrants themselves can’t access the funds. So the US benefits by extending SS by 5-10 more years of solvency… unlike you I don’t let my emotions (re: hate) run my life or decisions. I respect all humanity and understand that governments make decisions that we may not agree with; but thank god we have a checks and balances that keeps us within the “liberal–conservative” range, otherwise we’d have emotionally driven extremists running the country!!!! Peace.