Video: Illegal alien home loans (mestizos screwing mestizos & we'll pay, too)

-JC · September 6th, 2009

September 5, 2009

Video: Illegal Aliens and Mortgage Loans

2008: When 2 year olds got home loans.

Part 1 http://www.youtube.com/watch?v=dV2Ni...layer_embedded

Part 2
http://www.youtube.com/watch?v=WlOH_...layer_embedded

_______________

2 San Jose men accused in mortgage scam
Posted: 04 Sep 2009 11:04 PM PDT

SAN JOSE, Calif. — Two San Jose men have been accused of bilking hundreds of people who needed help saving their homes from foreclosure.

Thirty-nine-year-old Rene Alvarez was arrested Thursday on charges he defrauded 500 California homeowners, most of whom are Hispanic. Authorities are searching for his business partner 34-year-old Mariano Ortega.

The men owned M & R Contemporary Solutions and promised to help people reduce their monthly mortgage payments by selling their loans to a third-party at a discounted rate. The clients, who paid thousands of dollars in fees upfront, would get a new principal loan.

The Santa Clara County District Attorney’s Office said the scheme may have generated more than $2 million in fees and no homeowner was ever helped.

September 6th, 2009	#1
-JC Doesn't suffer fools well Join Date: Apr 2006 Posts: 5,740	Video: Illegal alien home loans (mestizos screwing mestizos & we'll pay, too) September 5, 2009 Video: Illegal Aliens and Mortgage Loans 2008: When 2 year olds got home loans. Part 1 http://www.youtube.com/watch?v=dV2Ni...layer_embedded Part 2 http://www.youtube.com/watch?v=WlOH_...layer_embedded _______________ 2 San Jose men accused in mortgage scam Posted: 04 Sep 2009 11:04 PM PDT SAN JOSE, Calif. — Two San Jose men have been accused of bilking hundreds of people who needed help saving their homes from foreclosure. Thirty-nine-year-old Rene Alvarez was arrested Thursday on charges he defrauded 500 California homeowners, most of whom are Hispanic. Authorities are searching for his business partner 34-year-old Mariano Ortega. The men owned M & R Contemporary Solutions and promised to help people reduce their monthly mortgage payments by selling their loans to a third-party at a discounted rate. The clients, who paid thousands of dollars in fees upfront, would get a new principal loan. The Santa Clara County District Attorney’s Office said the scheme may have generated more than $2 million in fees and no homeowner was ever helped.

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