/ October 8, 2007 11:26 PM
Soledad Aviles, an immigrant from Mexico with a 6th grade education who can't read or write English and makes $9 an hour, was approved for a mortgage of $615, 000 by Washington Mutual. It should be noted off the bat that Washington Mutual is one of many banks that accept the Matricula Consular ID card as proof of identity and which is easily forgable. I assume Aviles is not an illegal alien (but who knows considering the source of this story and the fact that they like to omit those little tidbits all of the time).
Soledad Aviles and his wife Guadalupe
The LA Times
gives us his sad story below as he is forced to then rent out his house to illegal aliens to make the payments and sleep on a couch.
Washington Mutual should be brought up on charges along with all of the people who touched this mortgage and put it through. All those living at the residence who are illegal, including Aviles and his wife if found to be so, should be deported and the house should be seized and sold off at auction with all proceeds going towards the border fence, interior enforcement and the prosecution of businesses who hire and make loans to illegal aliens. The government also in no way should allow any bailout money for these sub-prime mortgages to go to companies that have actively courted illegal aliens, like Washington Mutual, Wells Fargo and Bank of America. Money that - need I remind you - is actually your money as a US citizen, since it comes straight out of your taxes.
What this story doesn't note is that many of these so called "Spanish speaking" people they are referring to are actually illegal aliens.
But guess what, they intend to win out in the end as another shark in the water that feeds off of illegal aliens, lawyers, are suing for millions and million on their behalf.
Soledad Aviles dreamed for years of owning a home, with a plot of land where he could grow corn and chiles as he did in his native Mexico. So he felt blessed last year when he learned he could buy a three-bedroom, single-story stucco house on West La Verne Avenue in Santa Ana.
Referred to a local loan broker by a trusted friend, he borrowed the entire purchase price of $615,000 from Washington Mutual at a high interest rate typical of sub-prime loans. The monthly payment, as he says he understood it, would be $3,600 -- steep for a glass cutter who made $9 an hour -- but Aviles counted on his wife and three of his six daughters, who also worked low-paying jobs, to contribute.
"We took out our pencils, figured out our take-home pay and figured out that if we all pitched in, it would work," said Aviles, 54, a stoop-shouldered, soft-spoken man with a sixth-grade education from Mexico.
Relying on the broker's word, he signed loan documents written in English, a language he neither speaks nor reads, Aviles said. He was shocked to learn afterward that the monthly payment would not be $3,600, but $4,800 -- a price that forced him to rent out bedrooms, the garage and an enclosed porch while he and his wife slept on the couch. He fed his family with food from friends and corn he grew.
"We think this is just the tip of the iceberg, in terms of the breadth and depth," said Steve Harding, Santa Ana's deputy city manager. Apart from the language barrier, he said, many first-generation immigrants might have been especially vulnerable to sub-prime lending because they avoided checking accounts and credit cards, which prevented them from qualifying for regular loans.
Let me just break here and point out that the only types who avoid checking accounts and credit cards are illegal aliens and those being paid under the table who avoid taxes. Legal immigrants don't have this issue because they have proper legal documents.
The state Department of Real Estate, nonprofits and the Mexican consulate also have reported a rise in mortgage complaints, many of them from homeowners saying they signed documents they didn't understand.
The nonprofits they mention are most certainly those in favor of illegal immigration and the ones who were pushing for these loans to be granted to illegal aliens in the first place. As for the Mexican Consulate... what the hell are they doing sticking their nose in our banking business now?
... Kerstin Arusha, a directing attorney at the nonprofit Law Foundation of Silicon Valley, said that Spanish speakers, along with the elderly, "seem to be hardest hit by both sub-prime lending and predatory lending. There are many borrowers out there that were misled about the terms of the loan."
The Law Foundation is suing a broker, real estate agent and lender in federal court on behalf of nine Santa Clara County families, many of whom speak only Spanish
in Orange County, the district attorney's office has not reported an increase in prosecutions for fraudulent lending. Elizabeth Henderson, a prosecutor in the county's fraud unit, said many such crimes go unreported in immigrant communities because of a distrust of law enforcement and confusion over what had occurred.
A distrust of law enforcement? As we know every law abiding legal immigrant mistrusts law enforcement don't they?
[Aviles is] sitting in his Santa Ana home, waiting for the bank to kick him out or for his kidney to kill him... Aviles took out two loans, one for $492,000 at 8.5% interest and another for $123,000 at 11.1% interest. But he and his family struggled to meet the payments, even after the house was crammed with renters.
Eddie B., makes this well made point.
WHERE DO YOU START HERE? THE FACT THAT HE IS AN INVADER? THE FACT THAT HE CAN’T READ ENGLISH AND IS TAKING OUT A LOAN FOR $600,000 AND MAKES $9.00 AN HOUR ($18,000 A YEAR…)? THE FACT THAT HE IS NOW RUNNING A FLOP HOUSE FOR INVADERS AND BREAKING FIRE MARSHAL CODES, HEALTH CODES, LOCAL COMMUNITY CODES? I MEAN, WHERE DO YOU START?
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Posted by Digger on October 8, 2007 11:26 PM (Permalink)
What happened to the "trusted friend" who referred him to this lender? Didn't the friend speak Spanish?
Note also--that $18,000 a year is BEFORE taxes, assuming the Mr. Aviles pays them.
Posted by: Ali on October 9, 2007 08:04 PM
You can find out more about this "trusted friend" at the full article. He was a co-worker in a factory who worked , on the side apparently, just bringing Spanish speaking immigrants to the local Century 21 for a finders fee or some arrangement like that.
Posted by: Digger on October 9, 2007 10:34 PM
Don't you racists have feelings? I mean, if a homeless man of a different race broke into your home for opportunity you would be a racist to make him uncomfortable... You should give him your best clothes, your best food, and let him sleep with your teenaged daughter. Loan (give) him money and let him sleep with your wife, too. You racist, you. Also let him tell you how hateful you are for wanting him out of your house, let him throw tantrums about "rights," you racist. Seig Heil Rev.'s Jesse and Al, race police.....(for minorities)
We like gringo's Boosh, Feinstein, Kennedy, the ACLU, AFL-CIO, and other useful idiots. We will cut their throats last; well almost last, not counting those still able to resist the reconquer plan.
Posted by: ken pope on October 11, 2007 11:13 PM
Hey Ken Pope,
I copied the webpage with your posting. Thanks for your permisson to send a copy to those whom you make terrorist threats against. And please, seig heil those other idiot punks you'll be hanging with in the pen.
Posted by: JC on October 11, 2007 11:33 PM
Actually JC, Ken was being sarcastic.
Posted by: Digger on October 12, 2007 02:59 AM
Now wasn't it actions just like this that caused both the revolutionary war and the war of northern aggression?
Alice laughed: "There's no use trying," she said; "one can't believe impossible things."
"I daresay you haven't had much practice," said the Queen. "When I was younger, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast."
--- Alice in Wonderland, Lewis Carroll (1865)
New America. An idea whose time has come.
Posted by: Chuck on October 14, 2007 12:18 PM
Well, I feel proud of this family that even earning $9 dollars per hour and renting out their house rooms, some how some way their making it to pay the loan.While some people at the freeway exits are asking for a quarter with a hand written sings that briefly talks about their situation. And these people most of the times are not Hispanics. Most of these lazy ass people have born in this precious country U.S.A. For the other hand you see Hispanics immigrants at these freeway exits selling flowers, fruits, etc to get the money to support their families. So this message goes to those racist people that can’t see the immigrant buy a new house or a new car because they think we don’t deserve it, all I can say to you is that we are growing fast and taking over on a land that used to be ours. Viva Mexico Cabrones!!!Live you life and stop the hate, haters!!
Posted by: your dad on October 20, 2008 11:39 PM
What make you say that Ken was being sarcastic?I didn't understand this part quite well.Can you be a bit more explicit on this?Thanks
Posted by: mutuelle on October 6, 2010 07:53 AM
why would we be giving away homes just because someone dreams of it or is struggling? we all struggle.
Posted by: metairiehomesforsale on January 11, 2012 12:07 PM
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