Illegal Aliens Home Loans Major Factor in Mortgage Meltdown Crisis Neal Boortz Reports Five Million Subprime Loans Borrowed by Illegal “Undocumented” Foreign Workers Using Individual Tax Identification Numbers I-Tins Bank of America ACORN La Raza Advocate Mortgage Loans Offered to Invading Border Jumpers Favor Support for Open Borders for More Latino Customers Barack Obama Supports U. S. Government Sponsored Mortgage Loans without Social Security Number ID Requirement to Illegal Aliens of La Raza Scams American Taxpayers

Neal Boortz cites statistics from the government that five million home mortgage loans have been granted to illegal aliens, that’s right folks.  I estimated three million a few weeks ago, however now, with that five million number, you multiple that by about a hundred grand for a typical mortgage, and you get five hundred billion, that’s a half trillion dollars (nearly the cost of Paulson’s bailout package) on the books to illegal aliens.  We don’t know how many of these loans have gone bad, or are in jeopardy, but considering the illegal alien crackdown in many areas, and the downturn in the economy, and reports that many illegals are returning home, you can assume near half of those illegal alien loans have gone bad or are in jeopardy, that’s probably about three billion dollars, enabled by the open borders policies and lax lending proponed by La Raza and ACORN, Obama’s pals, illegal alien policy where banks can give loans to people without social security numbers, but with only a tax i.d. numbers, and an ex executive of Bank of America said on the air that the bank had quotas for loans to illegal aliens, so there is part of the recipe for the mortgage meltdown crisis, more reason to vote for McCain/Palin, who would do much more to correct this situation than would Obama/Biden, and I’m sure everybody agrees about that.