Mortgage Broker Quotes in The Big Short (2015)
Mortgage Broker Quotes:
Mortgage Broker: So, is Morgan Stanley recruiting us? Is that...
Porter Collins: Oh, no. No. The bank owns our hedge fund but we're not really a part of it. We invest in financial service companies and we're trying to understand the residential mortgage business.
Mark Baum: How many loans do you write each month?
Mortgage Broker: Pffft! About sixty.
Mark Baum: What was it four years ago?
Mortgage Broker: Ten... maybe fifteen.
Mortgage Broker: Yeah, I was a bartender. Now I own a boat.
Danny Moses: You own a boat? So how many of these are, uh, adjustable rate mortgages?
Mortgage Broker: Well, most. Yeah, I'd say about ninety percent. The bonuses on those skyrocketed a few years ago. Adjustables are our bread and honey.
Danny Moses: So do applicants ever get rejected?
Mortgage Broker: [laughs] Seriously? Look, if they get rejected, I suck at my job.
Danny Moses: Even if they have no money?
Mortgage Broker: Well, my firm offers NINJA loans - no income, no job. I just leave the income section blank if I want. Corporate doesn't care. These people just want homes, you know, and they just go with the flow.
Danny Moses: Good for you.
Mark Baum: Your companies don't verify?
Mortgage Broker: If I write a loan on Friday afternoon, big bank will buy it by Monday lunch.
Mortgage Broker: Trust me, I'm not driving a 7-series without strippers. No one on the pole has good credit, and they're ALL cash-rich.
Porter Collins: Yeah, I think I read Warren Buffett say something like that in an article.
Mortgage Broker: Who's Warren Buffett?
Browse more character quotes from The Big Short (2015)
Characters on The Big Short (2015)
- Overheard at a Washington, D.C. bar
- Mark Baum
- Danny Moses
- Porter Collins
- On screen quotation from Mark Twain
- Jared Vennett
- Ben Rickert
- Vinnie Daniel
- Cynthia Baum
- Michael Burry
- Jamie Shipley
- Charlie Geller
- Anthony Bourdain
- Goldman Sachs Sales Rep (Lucy)
- Goldman Sachs Quant (Deeb)
- Lawrence Fields
- Martin Blaine
- Florida Strip Club Dancer
- Banker at Goldman Sachs
- Pub Goer