The U.S. Department of Housing and Urban Development (HUD) updated its guidelines on Wednesday to ensure that illegal immigrants and non-permanent residents aren’t receiving government-backed mortgages.
[RELATED: Trump Admin Orders End to Cash Welfare Benefits for Illegal Immigrants…]
“HUD-backed mortgages should benefit Americans who play by the rules and work hard, not those who enter our country illegally. Today, HUD acted to protect the American Dream of homeownership,” said HUD Secretary Scott Turner on X.
The HUD has altered the requirements for its Federal Housing Administration (FHA) loans, insured by the federal government, that help prospective homebuyers get low down payment mortgage loans with easy credit qualifications.
The change revised residency requirements to remove the sections pertaining to “non-permanent residents,” thereby excluding illegal immigrants and any legal immigrants that do not have permanent status.
The change also applies to Deferred Action for Childhood Arrivals (DACA), commonly known as Dreamers, reversing a Biden-era policy that allowed them to apply for government-backed loans. The change also excludes anyone with a pending asylum claim or pending refugee status.
“The Biden administration exploited taxpayer resources and manipulated FHA policy to allow illegal aliens to ride the coattails of the American taxpayer when financing on a home. For those who play by the rules and work hard to purchase a home, it is unconscionable. HUD will continue to implement President Trump’s executive order ending taxpayer subsidization of open borders and protecting the American Dream of homeownership,” said Turner.
The change comes as HUD works to comply with a February executive order from President Donald Trump demanding an end to taxpayer-funded programs for illegal immigrants.
Earlier this week, the U.S. Department of Health and Human Services (HHS) Administration for Children and Families (ACF) urged its state-level partners to ensure that illegal immigrants are not receiving Temporary Assistance for Needy Families (TANF) cash benefits intended for struggling American families.
Why the federal government insures home loans is beyond me. So tax payers take all the risk and the banks get all the interest. If uncle sam wants to to be in the loan business start up FNMA again and pay dividends.
Good news . We don’t need to be paying the rent for these f*@king illegal aliens .
Biden , Harris and Mayorkas should be dragged to the gallows for what they allowed to happen at our border . Tucker Carlson was called a conspiracy theorist for calling this what it is …a scheme to dilute the vote and the blood of the country with illiterate uneducated unvaccinated welfare cases .
WE HAVE SPENT ENOUGH . GET THEM OUTTA HERE .
A friend of mine was selling her late mother’s home and a couple of realtors told her they could get more than asking if she would sell to the illegals because they were getting loans with no money down.
She refused but that didn’t stop them from bringing bunches over to see the property.
My kids tried to get first time homeowner loans but because they didn’t owe anyone any money they were refused.
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Illegal aliens/bogus asylum seekers should have NONE of the rights and benefits of American Citizenship.
The Communist Democrats have been stealing from American Taxpayers for years to lure and support invaders likely to vote Communist Democrat.