November 13, 2006
TENNESSEE: Not a citizen? No problem, Illegal aliens meet little resistance getting home loans (Century 21)

commercialappeal.com

Tennessee -- Marleny Carranza's cell phone plays salsa music when a call comes in, and these days it rings often.

She and her sister Sandra Carranza are doing a brisk business selling homes to Hispanic immigrants, and they don't turn away people who may be in the country illegally.

The Carranza sisters work with Su Casa Realty, a Century 21 franchise with an office in Hickory Hill. They are among many real estate professionals and bankers nationwide willing to sell houses to illegal immigrants.

Giving home loans to illegal immigrants is a relatively safe bet because they usually earn steady incomes and because the federal government isn't trying hard to make them leave, some businesses executives say.

In fact, one group that criticizes the practice says the federal government makes it easy for illegal immigrants to establish a permanent home here.

full story

Posted by tyne at November 13, 2006
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