Cross the Border, Get a Mortgage: Wells Fargo Bank is Now Offering Loans to Illegal Aliens

Illegally cross the border, buy a home: file this one under corporate irresponsibility.  Wells Fargo Bank, the San Francisco based mega bank is offering home loans to illegal aliens.  Under something called the Celebrate Home program, the bank is set to offer mortgages to those who just have a federal tax identification number and not a social security number.    Wells Fargo and other companies have been encouraging illegal immigration and facilitating money transfers through their acceptance of the Mexican "Matricula Consular" identification card.   None of these companies feel any moral obligation to help uphold the immigration laws of the United States.  There are nationwide protests to illegal immigration planned. It's up to the people who are customers and shareholders of these institutions and citizens of the United States who came here legally to put pressure on these institutions to end these programs and be responsible corporate citizens.  Further, while states are doing their part, it's time that the federal government and both parties stop catering to business interests who want cheap illegal labor and stop the flow of illegal immigration. 

Comments

[Derek]

Hey Wells Fargo employed american with shitty credit can I get a loan too ?

[San Diego Johnny]

Nope, sorry, Derek, you are out of luck!

[wendy]

The Mortgage Insurance is made possible through MGIC's program called "Building a Life in America";but, Wells actually brokers the loan through a Puerto Rican Bank called Banco Popular.