HUD estimates five million fraudulent mortgages have been issued to illegal immigrants. This would be, of course, a huge portion of those underwater and in default, and it would also suggest to us that 10 million is probably a very low estimate for the number of those here illegally.
This, in turn, would lead us to a revised estimate of the cost of illegal immigration; close to a trillion dollars over the past few years. I think that would pay to build a border fence and hire some more ICE agents.
Even our NFL "heroes" need to budget, conserve, invest wisely and diversify - The Sad Financial Future That Awaits Many NFL Players Excerpt: For our research published last year in the American Economic Review, we collected data...
7 hours ago