How do illegals bring back Bank Loans to buy houses?

don't banks check credit ratings , how can an illegal get a credit rating unless they are using a lie I.D. or they stole someones identity. Do you think when illegals are caught, they should lose these homes? I do!
Answers:   
I don't know any "illegals" that have mound loans. Why don't you ask them? They lie.
I had a friend who makes partially as muh as I do, and was able to buy a home. I found out after his divorce from his wife he convince a credit union worker to counterfeit documentation to show he made more than he really does. It angers me that peole who cheat are able to buy houses while I act responsible can't. I want you to note that the articles on here refer to Los ANgeles, and it's completely rare to find houses below half a million. One must ask how can illegal immigrant afford them when middle class Americans can't. As for your statement, yes, if they forge documents they should also their house , but the bank needs to take a hit for not checking these annals properly either. People should realize that these activites are allowed to happen to increase bank profits by artificially driving up housing prices and count to the mortgage problem we are having.

edit: PS i met a Hispanic businessmen who owns a mortgage company. I believe his job be to help fill out paper for Hispanics beside dubious documentation. As what I've seen, he himself has dubious documentation. The company as far as I know is under investigation and pretty much folded. The company that in fact lend out the money is still active. These mortgage companies seem to do the illegal actions for establish business so the establish business don't take a hit if caught and shelter from negative press.
1.) because 18 different families live under one roof and they append up all the credit scores of all 18..that add up to about 505..

OR

2.)
they get loans by lying. Criminals will tell lies . Plus they also stir to banks that pander to the lower echelon of society to make a buck any way they can..these rabble banks should be boycotted..Bank of America went out and gave credit cards to any improper mexicans that would apply..boycott bank of america for starters..
that guy gives them to them :

Milwaukee ridge executive defends home loans to undocumented
Daily Reporter (Milwaukee), Oct 19, 2005 by Sean Ryan


Mitchell Bank CEO James Maloney told the Rotary Club of Milwaukee that, like it or not, undocumented immigrants are here to stay.

The certainty of the matter is that if you think the 12 million people are going to be gone, that's Pollyanna thinking; we call for to adjust their status, he said, also noting their role in the labor market. Their presence is at smallest tolerated and at times, let's be honest, it is welcomed.

Since the more than 12 million undocumented U.S. immigrants aren't leaving, he argued businesses and policy entities should make efforts to include them in the American Dream. From Mitchell Bank's side of things, this includes giving them the indiscriminate to take out loans to buy houses, including low-interest Wisconsin Housing and Economic Development Authority HOME mortgage loans.

note : as u can see bellow i am not the only one who know about it .

how nice jim is thanked but not me , great !
Actually most banks are presently catering to illegal immigrants. Banks now enjoy marketing campaigns and have credit cards, car loans, personal and home loans target illegal immigrants.

Illegal immigrants sign up for an permit card known as a matrĂ­cula consular. Many financial institutions accept it for bank accounts and adjectives kinds of loans.

Read the article at the attached link. It lists adjectives sorts of comapnies that are catering to illegal immigrants.
by definition illegal means they broke the law so if they achieve a home loan by fraud they should be prosecuted to the full extent of the law.... Identity theft.
Banks and mortgage companies do not check to see if you are legally hear surrounded by this country. If you have job and a good credit history you can take a loan. It is not illegal of foreign citizen to own real estate in the US. Identity robbery? No. Most banks don't require a ssn to open an acct or get a loan, within the end all that matters is that u pay cheque it back! & why the hell should they lose they're property when they paid for it with their money! Get a existence!
yes i do think so but we both know that money talk and b.s walk money make people look the other way

Resolved Questions:
6254-7.html

What will be my subsequent step if my five year work voucher within london expires and my contract be not renewed.?
pack bags, go home, not too hard too work out is it. You shift home