Wednesday, February 4, 2009

Foreclosure Crisis: The Role of Illegal Aliens and Sub-Prime Loans

I do research daily on the foreclosure crisis to report back via this blog and my radio show on Voice America Business. Yesterday, as I was reading various blog comments, I came across this SHOCKING interview done with an industry insider about the role illegal aliens have played in the foreclosure/sub-prime crisis.

Read the article here: http://americandaily.com/index.php/article/431

This is a crime, on both the parts of the people who participated and the mortgage giants who allowed it to happen. Now, I have said before that I'm not big on pointing fingers - I am much more interested in creating solutions - but consider the finger pointed on this issue.

This also prompts me to do a series of discussions on how identity theft and foreclosure are linked. Stay tuned!

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