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Tuesday, March 26, 2019

TRUMP STOPS TAXPAYER-BACKED MORTGAGES FOR ILLEGAL ALIENS

TRUMP STOPS TAXPAYER-BACKED MORTGAGES 
FOR ILLEGAL ALIENS

How Democrats are taking the economy hostage 

to protect illegal aliens

BY DANIEL GREENFIELD
SEE: https://www.frontpagemag.com/fpm/273245/trump-stops-taxpayer-backed-mortgages-illegal-daniel-greenfieldrepublished below in full unedited for informational, educational and research purposes:
Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism
When Barack Obama implemented his unilateral amnesty for illegal aliens who claimed to have entered this country before the age of sixteen, the illegally amnestied illegals qualified for many benefits.
One of these were FHA loans.
FHA loans are government-backed mortgages meant for poorer Americans unable to qualify for normal mortgages. Democrat abuse of the FHA helped lead to the Great Recession and in the years afterward, FHA insured loans hit losses of $70 billion. By 2012, the FHA was $16 billion in the hole and had to be bailed out. The delinquency rate for FHA loans is still more than three times higher than normal loans, and depending on the period, have hovered between 8% and 14%. Time to bring in the illegal aliens.
When Obama illegally implemented DACA, a program exempting certain illegal aliens from government action, they were also allowed to apply for FHA loans. How many illegal aliens obtained FHA loans?
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.
The Trump administration has applied the brakes to this avalanche of taxpayer-insured mortgages to illegal aliens. The Department of Housing and Urban Development (HUD) had begun notifying lenders that the FHA was no longer in the illegal alien mortgage business. The reasons were common sense. DACA illegal aliens, or in media spin, DREAMERs, were not legal residents and weren’t being legalized.
Under Obama, FHA rules had been bent so far backward that people who were not only non-citizens, not only non-permanent residents, but weren’t even legally here, were having taxpayers guarantee their mortgages. Not only hadn’t the Democrats learned anything from the Great Recession, they were determined to make the irresponsible behavior of the FHA a decade ago seem sober and sensible.
And they aren’t giving up.
The December letter by Senator Menendez, who had recently been on trial for corruption charges, Senator Booker, on whose watch the $100 million poured into Newark public schools dissipated, and Senator Cortez-Mastro, who had been accused of taking dirty money, claimed to be, “appalled that the Trump Administration would exploit a federal government program to deny Dreamers an opportunity of owning their own home.” But it was the Democrats who had exploited a federal government program meant for poor Americans to benefit not only foreigners, but illegal aliens with no right to be here.
The letter by the three Senator Democrats falsely claimed that President Trump was targeting a “portion of the American public”, when in fact illegal aliens are not part of the American public. They demanded, “sound and unambiguous legal reasoning” for the move. The sound and unambiguous reasoning would be that illegal aliens are not legally resident in the United States and therefore do not qualify for loans.
Much of the furor over FHA loans for illegal aliens was stirred up by Dani Hernandez, an underwriter for NewCastle Home Loans. NewCastle in Chicago markets aggressively to DACA illegal aliens, declaring, “Don’t let the political climate worry you. DACA recipients are eligible to buy a home.” It also assures the illegal aliens that they can qualify for FHA loans and it “specializes in working with DACA recipients.”
Prospective FHA borrowers are also informed that they can get a loan with a credit score as low as 500 and a 50% debt-to-income ratio.
The illegal alien mortgage business, built on the backs of American taxpayers, is obviously profitable. But it’s also a silent nuclear weapon threatening mass destruction of the economy in case of deportations.
The more illegal aliens end up with FHA loans, and as those FHA loans are turned into Ginnie Mae Mortgage Backed Securities, deporting DACA illegal aliens would risk mass defaults on FHA loans which are backed by American taxpayers. Quite a few Ginnie Mae bonds are being held by Japan and China.
That’s why HUD’s move of stopping the flow of FHA loans to illegal aliens is so vital and important.
Not only do FHA loans endanger our economic security, they also endanger our national security. Their very existence serves as political leverage to prevent the government from enforcing the law. Every illegal alien mortgage not only robs American taxpayers, but puts them at risk of even worse losses.
And considering the role of mortgage-backed securities in the Great Recession, the threat is real.
However, HUD has carefully avoided taking a clear position to prevent the inevitable lawsuits and overrides by Obama and Clinton judges embedded in the federal judiciary. Instead, HUD officials have successfully warned off many lenders by creating ambiguity about the status of DACA FHA loans.
The riskier illegal alien FHA loans appear, the more irresponsible taking them on will seem. And lenders will be aware of the shadow of the “False Claims Act” hanging overhead if they bite on illegal loans.
This is far from an ideal solution. But it’s an understandable response by a crippled executive branch that has had its legal powers stripped from it by Democrat activists operating under the guise of judges.
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.
FHA loans to non-citizens are also extended to non-permanent residents and even to “refugees”. The Office of Refugee Resettlement had even been promoting Freddie Mac’s Islamic Sharia-compliant mortgages for Muslim “refugees”. Foreigners here under Temporary Protected Status, a category that the Trump administration has begun winding down, are also potentially eligible for FHA loans.
The FHA is deeply dangerous and troubled. It is in desperate need of reform.
American taxpayers have long been exploited by the FHA as a piggy bank to pay off Democrat voters. But DACA FHA loans have taken this a step further by taking the economy hostage for illegal aliens.
The FHA loan was created to serve Americans. If it is to continue to exist, it should only serve Americans.
There has never been any reason given why the United States government should be extending its credit on behalf of foreigners, whether they are residents, temporary workers or, let alone, illegal aliens.
The risk of such loans has been rolled into the overall risk for Americans. And the buck was passed.
The artificial stimulation of the housing market isn’t reason enough for the government to be putting the economy at risk and taxpayers on the hook for the illegal aliens whom Democrats hope to turn into voters. DACA was an illegal policy. FHA loans for DACA recipients piles illegality on illegality.
American taxpayers should be let off the hook for illegal alien mortgages before the cost grows too high.
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SEE ALSO:
https://www.frontpagemag.com/point/273282/fannie-mae-backs-mortgages-illegal-aliens-daniel-greenfield

UK HOME OFFICE REJECTS ASYLUM BID OF SECOND IRANIAN CHRISTIAN: "JESUS COULD NOT PROTECT HIM FROM THE IRANIAN REGIME"

UK HOME OFFICE REJECTS ASYLUM BID OF SECOND IRANIAN CHRISTIAN: "JESUS COULD NOT PROTECT HIM  FROM THE IRANIAN REGIME" 
BY ROBERT SPENCER
SEE: https://www.jihadwatch.org/2019/03/uk-home-office-rejects-asylum-bid-of-second-iranian-christian-jesus-could-not-protect-him-from-the-iranian-regime;  republished below in full unedited for informational, educational and research purposes:
There appears to be a very deep hostility to Christianity among certain officials of the UK Home Office. What might be their background and perspective? They may be Muslims, of course, but they may also be Leftists who despite their own nation and heritage and wouldn’t ever dare say the slightest critical word about Islam.
“‘Your faith is half-hearted’: Second Iranian Christian had his asylum application rejected by the Home Office after saying ‘Jesus could not protect him from the Iranian regime’, lawyer claims,” by Rory Tingle, Mailonline, March 24, 2019:
The Home Office is facing more questions about its attitude towards Christian asylum seekers amid claims it rejected another Iranian man’s application to move to Britain by telling him, ‘your belief in Jesus is half-hearted’.
There was outrage this week after it emerged a convert was refused asylum in 2016 because an official said his conversion from Islam was ‘inconsistent’ with his suggestion Christianity was a peaceful religion – by highlighting violent passages from the Bible.
Now immigration caseworker Nathan Stevens, who exposed the first case, has said another Iranian he worked with had his application rejected after an official criticised him for admitting Jesus could not protect him from his country’s tyrannical regime.
Mr Stevens posted a comment from the refusal on Twitter, which read: ‘You affirmed in your AIR [Asylum Interview Record] that Jesus is your saviour, but then claimed that He would not be able to save you from the Iranian regime. It is therefore considered that you have no conviction in your faith and your belief in Jesus is half-hearted.’…

CALIFORNIA: HUNDREDS OF PROTESTERS RALLY AGAINST REP. ILHAN OMAR AT HAMAS LINKED "CAIR" FUNDRAISER

MUSLIMS ARE "VIOLATING HUMAN RIGHTS" WORLDWIDE; 
NOT THE JEWISH PEOPLE
ISLAM IS NOT A RELIGION OF PEACE
CALIFORNIA: HUNDREDS OF PROTESTERS RALLY AGAINST REP. ILHAN OMAR AT HAMAS LINKED 
"CAIR" FUNDRAISER
BY ROBERT SPENCER
SEE: https://www.jihadwatch.org/2019/03/california-hundreds-of-protestors-rally-against-rep-ilhan-omar-at-hamas-linked-cair-fundraiser;  republished below in full unedited for informational, educational and research purposes:
Rejecting Islamic anti-Semitism and its normalization. This is good to see. Omar ought to be under fire for appearing for Hamas-linked CAIR. CAIR is an unindicted co-conspirator in a Hamas terror funding case — so named by the Justice Department. CAIR officials have repeatedly refused to denounce Hamas and Hizballah as terrorist groups. Several former CAIR officials have been convicted of various crimes related to jihad terror. CAIR’s co-founder and longtime Board chairman (Omar Ahmad), as well as its chief spokesman (Ibrahim Hooper), have made Islamic supremacist statements about how Islamic law should be imposed in the U.S. (Ahmad denies this, but the original reporter stands by her story.) CAIR chapters frequently distribute pamphlets telling Muslims not to cooperate with law enforcement. CAIR has opposed virtually every anti-terror measure that has been proposed or implemented and has been declared a terror organization by the United Arab Emirates. CAIR’s Hussam Ayloush in 2017 called for the overthrow of the U.S. government. CAIR’s national outreach manager is an open supporter of Hamas. But the Democrats wouldn’t dream of challenging her over this.
“Protesters in Woodland Hills Rally Outside Event Featuring Rep. Ilhan Omar,” Associated Press, March 23, 2019:
Hundreds of protesters rallied outside an event where a congresswoman spoke to a Muslim-American civil rights group.
The demonstrators were protesting the presence Saturday of U.S. Rep. Ilhan Omar of Minnesota at the fundraising event for the Council of American-Islamic Relations of Greater Los Angeles….
The Los Angeles Daily News reports that the protesters lined a sidewalk area outside the Hilton hotel in Woodland Hills, waving Israeli flags. A smaller group of counter-protesters held up signs in support of Omar.

INSANITY IN THE CLASSROOM

INSANITY IN THE CLASSROOM
BY TNA VIDEO
republished below in full unedited for informational, educational and research purposes:
Today’s public school children are being fed massive doses of propaganda and indoctrination without the consent of the parents. Children today have very little knowledge of individual liberty and personal responsibility, both of which are crucial in a free society. The New American’s special report, “Rescuing Our Children” exposes all of this and how Americans must address this issue head on before it’s too late!
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