Bob Fetterly, chairman, Pickens County, SC GOP, left, and Kerri Smith, president, SC Self Help Credit Union | Provided Photo / LinkedIn
Bob Fetterly, chairman, Pickens County, SC GOP, left, and Kerri Smith, president, SC Self Help Credit Union | Provided Photo / LinkedIn
The chairman of the Pickens County Republican Party said “fake republicans are willing” to allow mortgages to be provided to illegal aliens.
“Mortgages for illegals? To me, it's a no-brainer, akin to mandating a shot with no history of effectiveness and free tuition for the children of illegals,” said Bob Fetterly, who has been the county GOP chair since 2023. “That's exactly why it should concern the Palmetto state.”
“The audacity of even debating this topic when you see some poor working citizens struggling to pay rent should make your blood boil,” said Fetterly. “Does it favor ANYONE to be born and raised in this country anymore? Shouldn't the taxes paid by your parents benefit you? Should yours benefit your children?”
Fetterly, 53, is a resident of Easley and a consulting engineer in the areas of mechanical engineering and fire protection. He has lived in the Upstate since 2013 with his wife and five children.
His comments are in response to a Palmetto State News report about Trump's proposal to disallow mortgage loans to illegal aliens and the impact of that proposal on Self-Help Credit Union, which operates five credit unions in South Carolina.
During a Sept. 5 speech to the Economic Club of New York, Trump said that we would put an end to the practice of lenders offering mortgages to illegal aliens.
“We cannot ignore the impact that the flood of 21 million illegal aliens has had on driving up housing costs,” Trump said in the speech.
A recent Winthrop Poll shows that South Carolinians view illegal immigration as a serious issue, with an average rating of 7.7 out of 10, reflecting significant concern across political lines.
"We must shut off and shut down any material benefits (including mortgages) that prolong their illegal stays in America," said LaPierre.
Trump argued such programs prioritize illegal aliens over American veterans and legal residents.
Self-Help Credit Union, which has received over $502 million in federal grants for its operations, has marketed federally-backed mortgage loans to illegal aliens.
"Fake Republicans are willing to allow this under the guise of, 'we don't want to interfere in business,' said Fetterly. "Then DON'T! Stay out of the business of luring foreign employers here with the money of American taxpayers."
"They are willing to allow a regulated banking industry to finance housing for people who should not be here after attracting employers who would not be here unless bribed with the tax money of those who have every right to be here," he said.
Self-Help Credit Union was very active in South Carolina’s 2024 legislative session which spanned from January to May.
During the 2024 legislative session, Self-Help Credit Union and its advocacy arm, the Center for Responsible Lending (CRL), sought to restrict how installment lenders market their services with Senate Bill 910. The bill did not pass in the 2024 legislative session.
S-910 would have regulated and potentially restricted small dollar loans in South Carolina by imposing restrictions on how lenders market services to households and which households can be targeted.
Industry representatives have raised concerns about how the bill depicts their practices and emphasized its unintended effects, including the risk of potential redlining, due to its stringent restrictions on the neighborhoods where lenders can advertise.
Opponents to that legislative effort argued it could limit credit options and stifle competition in the lending sector for South Carolinians.
“I'll just say we ought to be very careful with the ways in which the government interferes in the private sector,” State Sen. Wes Climer (R-York) said during a committee hearing on the bill. “And one of the things that historically has yielded the greatest results for consumers.”
According to the IRS, that effort was funded in part by more than $2 million provided to the CRL traced back to left-wing activist George Soros.
The Sandler Foundation, founded by Herbert and Marion Sandler, also donated over $25 million to the CRL from 2016 to 2022, supporting efforts to restrict small dollar loans in South Carolina. The Sandlers, known for their controversial role in the 2008 financial crisis as subprime mortgage pioneers, funded the creation of CRL through their foundation.
Kerri Smith, the South Carolina President of Self-Help Credit Union and a leading advocate for the bill, was targeted by critics who suggested her lobbying efforts were motivated by special interests and would harm consumers.
Connections to Soros and the Sandlers came back to bite Smith who faced criticism for pushing the legislation with help from organizations linked to leftist causes. She lost in the primary to Chris Huff, who went on to win the State House seat.
During the race, Huff expressed concerns about rival candidate Smith's ties to left-wing political activists.
“I think it's concerning for anybody to be running as a Republican and have ties to George Soros of any kind,” Huff told the Greenville Leader during the campaign. “I mean, we know he is the number one financier and supporter of all things Democrat.”