I was reading the San Diego Union Tribune Sunday Home edition this morning and came across an interesting article by Kenneth Harney.
Given that Bank of America has rolled out a pilot program for those legal or illegal aliens without Social Security numbers to obtain new VISA cards, it raises the question, "Is credit too easy to get in the United States?"

All that person needs to do is to apply for an Individual Taxpayer Identification Number with the Social Security Administration. A person having an ITIN number can apply for a VISA card with Bank of America and get credit.
A person with a ITIN number can also obtain a home mortgage. Real estate loans for those with Green Cards have been the case for many years. The credit cards are a new idea for which Wells Fargo and other banks may follow suit.

ANYWAY...The article, written by Mr. Harney, discussed a bill being proposed by Rep. John T. Doolittle, R-California that would amend the Truth In Lending Act to make ITIN mortgages illegal. This would close off some mortgages being obtained for those who are in the works of getting citizenship or legally working in the United States. This could affect millions working in the United States and make them unable to purchase homes. They would not be able to take advantage of the tax write offs for home ownership in this country.

What do you think?