Sunday, March 01, 2009

Illegal aliens may receive mortgage relief under Obama program

As many as one million illegal immigrant households in the United States could receive home mortgage relief under President Obama's $275 billion mortgage relief plan.

'There is no legal prohibition against illegal immigrants owning homes,' said Steven Camarota, director of research at the Center for Immigration Studies '...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.'

About a million illegal immigrant households acquired U.S. mortgages through the beginning of 2007, before the housing bubble burst, Camarota said.

Chad Buchanan, a manager at SaveMyHomeUSA – a group that assists homeowners facing foreclosure, and which is working with the Obama administration – said that 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.'

1 comment:

  1. This doesn't seem very fair to hard working americans that work legally in this country. I can see why there are so many AHMSI complaints now.


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