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Entries Tagged as 'Illegal Aliens'

Senate Passes Bill Guaranteeing Zero Percent Mortgages for Illegal Aliens

April 1st, 2009 · No Comments · Consumer Info

The Senate today passed the ZIMIA (Zero Interest Mortgage Illegal Alien) Act, which guarantees zero-percent mortgage loans for any illegal alien who is buying their first home. Senate leaders said the bill was necessary to stimulate the housing market and prevent further foreclosures. In addition to economic stimulus benefits, the bill has the [...]

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