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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Doughboy who wrote (36970)8/4/2005 11:58:10 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
RE:"Why all this hysteria over undocumented aliens getting mortgages? A mortgage is a product like any other financial services product. They're not subsidized by you and me; the banks, brokers and Fannie and Freddie all make healthy profits off them. They wouldn't sell them otherwise. We let illegals buy groceries, eat at restaurants, and, yes, buy houses. So what's the problem?"

So what country can I run back to when I default on my mortgage? Or better yet cash in on the sly and take off. Had one like that about a year ago.



To: Doughboy who wrote (36970)8/5/2005 12:19:51 AM
From: paretRespond to of 306849
 
Not the "same sort of thing"

"We heard the same sort of thing when the Japanese............ "

Aristotle said, "Analogy is the habit of genius."

Based on your post, you don't qualify.


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