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[return to ""Fake Chinese income" mortgages fuel Toronto real estate bubble: HSBC bank leaks"]
1. causi+N4[view] [source] 2024-02-06 18:12:25
>>eswat+(OP)
It's quite bizarre any jurisdiction would allow someone to buy housing there when they can't legally live in it.
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2. caseys+ka[view] [source] 2024-02-06 18:33:36
>>causi+N4
In the US, banks issue mortgages to illegal immigrants all the time. Last fall, the Biden Administration went as far as threatening banks who had refused.

> “This guidance reminds lenders that denying someone access to credit based solely on their actual or perceived immigrant status may violate federal law.”

Ref: https://www.justice.gov/opa/pr/justice-department-and-consum...

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