"HUD: Five Million Fraudulent Mortgages Held by Illegals" ?

Posted Wed, Oct 8, 2008 at 5:51 pm

I'm not willing to put much faith in this until I see evidence from HUD; a very basic search didn't bring up anything but if anyone has another news report or link to hud.gov please leave it in comments.

Comments

John S. Bolton (not verified)

Thu, 10/09/2008 - 07:52

I linked to that report at open city and its natural enemies. Malkin had a report saying 50,000 mortgages in the Denver area were to illegals, which would suggest a national total of 2 million at least, though 5 million sounds possible.

eh (not verified)

Thu, 10/09/2008 - 22:24

Seem dubious to me; see this comment [1]. In time we'll what the facts are -- could be that looking at mortgages given to those who provided only a TIN will be a good proxy for illegals, since the immigration status of those who got mortgages might be very difficult to quantify otherwise.

Links:
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[1] isteve.blogspot.com/2008/10/minority-mortgage-challenge.html?showComment=1223520960000#c6890015304108959980

wingtip (not verified)

Fri, 10/10/2008 - 15:23

Malkin had a report saying 50,000 mortgages in the Denver area were to illegals.... sounds like more BS.