Wednesday, February 25, 2009

Home mortgage relief for millions of illegals

By Jerome R. Corsi

Illegal aliens can apply for mortgage relief under the Obama administration's $275 billion plan, according to immigration experts and a group the government will use to help homeowners modify loans.

Steven Camarota, director of research at the Center for Immigration Studies in Washington, D.C., told WND approximately 1 million households headed by illegal immigrants acquired mortgages through the beginning of 2007, before the housing bubble burst.

"There is no legal prohibition against illegal immigrants owning homes," he said, "and in most cases mortgage lenders

will accept a taxpayer ID or a Matricula Consular card issued by a Mexican Consulate office as identification to illegal immigrants from Mexico."

Chad Buchanan, a manager at SaveMyHomeUSA – a group cooperating with the Obama administration that assists homeowners facing foreclosure – told WND illegal immigrants who own a home "could certainly apply under our program."

"We don't target or go after illegal immigrant customers," he said. "But if an illegal immigrant owns a home legally, we could try to help them under our program.

SaveMyHomeUSA is seeking job applications for loan modification processors to work in the Obama administration mortgage modification program.

"A lot of mortgage modifiers out there never ask about the legal immigration status of the homeowner, and we do not ask either," Buchanan said. "This is the first time I've had that question asked. All we are looking to do is to modify the current note, regardless what the legal immigration status of the client is."....

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