Trump Ends Obama’s Taxpayer-Funded Mortgages for Illegal aliens

 

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By Stephen Frank,  California Political News and Views

Did you know that under Obama your tax dollars were used to give illegal aliens Federal assistance in mortgages?  Free health care, free education, allowed to work and vote, protected by the police from Federal law enforcement—why shouldn’t our nation be flooded with criminals from foreign nations—we even use tax dollars to buy a home for them!

“In December, a letter from three Senate Democrats claimed that HUD barred “approximately 800,000 individuals approved for DACA from FHA-insured mortgage loans”. This refers to the total number of DACA illegal aliens and it’s unknown how many of them have obtained FHA loans in past years.

Ellie Mae’s millennial tracker estimated that the average size of an FHA loan to millennials is $186,454. Potential exposure to illegal alien mortgages could then climb as improbably high as $150 billion.

It’s unknown how many illegal aliens have taken out FHA loans, but some media stories have cited loan officers for whom illegal alien FHA loans represent a significant percentage of their business.”

I hope President Trump releases those numbers—the American people need to understand how the Democrats have been undermining our nation, using our tax dollars.

Related article: Trump Ends Obama’s Taxpayer-Funded Mortgages for Illegal aliens


Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

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Edenfantasys
Edenfantasys
1 year ago

But taxpayer-backed mortgages for illegal aliens are only the tip of the tottering FHA iceberg that President Trump needs to begin shutting down to avoid another recession caused by bad loans.

K mcdaniel
K mcdaniel
1 year ago

Obama needs to be arrested, prosecuted and when found guilty
hung for blatant treason! Every Democrat who was a party to his cover up and his illegal spending, law breaking and crimes,need to go with him. So sick of that lying weazel!