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HUD Mum on Illegal Mortgages
kfyi.com ^ | staff

Posted on 10/11/2008 11:45:53 PM PDT by kellynla

A retired agent from Immigration and Customs Enforcement says that five million illegal immigrants nationwide may hold home mortgages.

Earlier this week, we posted a story that said figures from the Department of Housing and Urban Development showed that home mortgages were held by 5 million illegal immigrants and that this may have contributed, in part, to the housing crisis that has led to the recent failure in the financial markets.

Our source for that story, a retired agent from Immigration and Customs Enforcement, stands by those numbers.

A person from Housing and Urban Development contacted KFYI to tell us the number was inaccurate, that there were only 2.3 million mortgages held by immigrants, so there was no way that 5 million illegals could have mortgages.

When asked what HUD says the correct number is, the person (who identified himself only as 'Brian' and who refused to give his last name), either would not or could not say how many illegal immigrants hold mortgages. He also said there was "no way" HUD would grant an interview on the subject.

(Excerpt) Read more at kfyi.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Extended News
KEYWORDS: hud; illegals; immigration; mortgages

1 posted on 10/11/2008 11:45:53 PM PDT by kellynla
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To: gubamyster; HiJinx; Travis McGee

ping


2 posted on 10/11/2008 11:49:17 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: kellynla

uh huh


3 posted on 10/11/2008 11:51:21 PM PDT by Syberyenta
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To: kellynla

God help us!


4 posted on 10/12/2008 12:15:56 AM PDT by teletech (Friends don't let friends vote DemocRAT)
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To: kellynla

Everyone inside of the Beltway needs a good toilet-style flushing. Doesn’t matter if they’re elected, appointed, or hired. Flush ‘em. Start over.

70 years of leftist infiltration has left the foundation rotting.


5 posted on 10/12/2008 12:21:45 AM PDT by Terpfen (To all you knee-jerkers: remember Rick Santorum.)
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To: kellynla

my rule of thumb regarding illegal immigrants:

whatever the govt. will admit to, multiply the number by three (3).


6 posted on 10/12/2008 12:28:03 AM PDT by machogirl (i)
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To: kellynla

Oh, the dems will investigate come Nov.


7 posted on 10/12/2008 12:35:33 AM PDT by malia
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To: Terpfen

Funny how the term limits part of the Contract with America never got passed. Republican opportunists bit us all in the butt by leaving so much scum entrenched in DC.


8 posted on 10/12/2008 2:02:56 AM PDT by ME-262 (Stick it to the Man! - Demand term limits now!)
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To: kellynla

Knowing how the rats think this will be the justification for legalization so they can pay off their mortgages for them. Why is this not being reported in the MSM???


9 posted on 10/12/2008 4:01:24 AM PDT by RU88 (The false messiah can not change water into wine any more than he can get unity from diversity.)
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To: kellynla; TigerLikesRooster; ex-Texan

A nation this stupid won’t remain a superpower.


10 posted on 10/12/2008 4:59:56 AM PDT by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: kellynla

HUD and ACORN are bringing our country to it’s knees.....will there be ANY DAMN JUSTICE DONE???


11 posted on 10/12/2008 5:05:06 AM PDT by Ann Archy (AbortiDUH!!!on.....The Human Sacrifice to the god of Convenience.)
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To: kellynla

5 MILLION ILLEGALS that COULDN’T AFFORD a HOUSE got a MORTGAGE.....PLUS they would sell to one another at inflated prices and POCKET TENS of THOUSANDS of DOLLARS!!


12 posted on 10/12/2008 5:06:23 AM PDT by Ann Archy (AbortiDUH!!!on.....The Human Sacrifice to the god of Convenience.)
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To: kellynla

And where were all the WHISTLE BLOWERS????????????


13 posted on 10/12/2008 5:09:08 AM PDT by FES0844 (FES0844)
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To: kellynla

The numbers seem consistent to me: It would be easy for 5 million (mostly married) illegal immigrants to hold 2.3 million mortgages. Either number is outrageous.


14 posted on 10/12/2008 5:25:52 AM PDT by norwaypinesavage (Global Warming Theory is extremely robust with respect to data. All observations confirm it)
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To: kellynla

But wait! There’s more...

HUD and Section 8 history...here...

http://en.wikipedia.org/wiki/Section_8_Housing_Choice_Voucher

Whiney socialists...here...

http://www.observer.com/2008/city-could-loose-nearly-10-000-section-8-housing-units-october


15 posted on 10/12/2008 6:07:17 AM PDT by PGalt
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To: kellynla
Related link...

HUD: Five Million Fraudulent Mortgages Held by Illegals

16 posted on 10/12/2008 6:09:40 AM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: norwaypinesavage
"Kevin Johnson, dean of the UC Davis School of Law and one of three professors at the school advising the Obama campaign on immigration policy, said immigration reform is "a dangerous issue to talk about when the economy is melting down."

--Reporter Susan Ferriss, Sacramento Bee, 10 October 2008

17 posted on 10/12/2008 6:51:01 AM PDT by AmericanInTokyo (Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
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To: kellynla
A person from Housing and Urban Development contacted KFYI to tell us the number was inaccurate, that there were only 2.3 million mortgages held by immigrants, so there was no way that 5 million illegals could have mortgages.

Whew, I thought it might be a Trillion dollars not just a measly 500 Billion.

18 posted on 10/12/2008 8:50:57 AM PDT by Mike Darancette (Nyet-Bama)
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To: teletech; All

The Terry Anderson Show...

Tonight Terry will give us a Mountain of Excuses...

Call Terry LIVE 9-10 PM PST at (866) 870-57521

LIVE stream at http://krla870.townhall.com/

http://www.republicbroadcasting.org/index.php?cmd=listenliv


19 posted on 10/12/2008 5:26:53 PM PDT by Tennessee Nana (McCain/Palin Now that's a ticket that deserves a tagline)
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To: kellynla
He also said there was "no way" HUD would grant an interview on the subject.

No interview required. That's what GAO audits are for. Time to roll back the carpet and watch the roaches run for it.

20 posted on 10/12/2008 5:30:59 PM PDT by TADSLOS (Put Palin in the White House. Send McCain to Sun City, AZ)
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