Mortgages quotes:

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Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. -- Mark Zandi
Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit." -- Douglas Rushkoff
The president says, 'There is lots of people worse off than the Farmers.' I don't know who it could be unless it is the fellow who holds the Mortgages on the Farms. -- Will Rogers
In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement. -- Charles Duhigg
For too long, tricks and traps in mortgages, credit cards, and other financial transactions have stripped wealth from working families. -- Jeff Merkley
I think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do. -- Christina Romer
Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans. -- Charles Duhigg
I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off. -- David Axelrod
Millions of Americans are struggling to pay their mortgages. They have a right to know whether members of Congress receive sweetheart deals in order to pay for theirs. -- Jeb Hensarling
And if you like 14.4 percent unemployment, if you like the fact that 70 percent of home mortgages in Nevada are underwater, then stay the course. Vote for Harry Reid. -- John Cornyn
When people are frightened about going hungry and paying their mortgages, a scarcity model begins to prevail; they fear someone else will get their piece of the pie. -- Barbara Kingsolver
We reward people for making money off money, and moving money around and dividing up mortgages a thousand times over, selling it to China... and it becomes this shell game. -- Michael Moore
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. -- Mark Zandi
Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. -- Martin Feldstein
Ladies and babies, and mortgages, for that matter, can all wait. Acting has done a strange thing to me, though. I often sit there, thinking, 'I love this, but I wouldn't put my daughter on the stage.' -- Eddie Redmayne
The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil. -- Jeff Bezos
The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could find mortgages at low interest rates even during the worst phase of the financial panic. -- Mark Zandi
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt. -- Robert Kiyosaki
To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back. -- Peter Welch
In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80 per cent of what they were prior to the bankruptcy. The issues which damaged Lehman were around commercial mortgages and illiquid private equity assets. -- Bob Diamond
There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising. -- Peter Thiel
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them. -- Matt Taibbi
Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done. -- Eliot Spitzer
When you're in your 20s, you're a little more carefree; you're single. You have a very different way of looking at the world and experiencing the world. But later in your 30s, when you have children, a career, career obstacles, mortgages, car payments and relationships, you have to negotiate; that's a very different life. -- Melissa De Sousa
And I think we need a combination of a freeze, potentially, and also we need to sit down with the - with the banking industry and talk to them about ways in which we can help them be able to work those mortgages out, because it's absolutely imperative that we keep people in their homes. -- Debbie Wasserman Schultz
Everything that I've gone through since the end of 2010, from me finding out about my financial adviser stealing, mismanaging my money - that affected everything, from child support, mortgages, to me having to sell my properties, me being in and out of court trying to modify my child support. It's a lot to deal with at one time. -- Terrell Owens
Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too much money back in '03 and '04, caused the housing collapse. So we need to take free markets seriously. That means we have to put an end to all these tax credits and tax deductions and loopholes. -- Dave Brat
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold. -- Peter Schiff
I'm angry and I understand why Australians paying mortgages are angry. -- Julia Gillard
Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014. -- Janet Yellen
We cry for mercy to the next amusement, The next amusement mortgages our fields -- Edward Young
When the Federal government buys the mortgages, they're not spending it, they're investing it. -- Howard Warren Buffett
Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos. -- Thomas Sowell
I'm asking Congress to pass my Zero Down Payment Initiative. We should remove the 3 percent down payment rule for first time home buyers with FHA-insured mortgages. -- George W. Bush
We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn't pay their mortgages because of $4 a gallon gasoline. -- Rick Santorum
I think Obama has redefined the Democratic Party. It used to be the party of acid, amnesty, and abortion, and now it's surrender, socialism, and subprime mortgages. -- Ann Coulter
And if you like 14.4 percent unemployment, if you like the fact that 70 percent of home mortgages in Nevada are underwater, then stay the course. Vote for Harry Reid -- John Cornyn
Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time. -- Charles Duhigg
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages. -- Franklin Raines
The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy. -- Peter Kropotkin
Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers. -- Elizabeth Warren
I have to be invested spiritually, emotionally, and psychologically to do theater. I can't do it to make a living. I have four kids, a couple of grandkids, and two mortgages. -- Ruben Santiago-Hudson
Italy's youngsters complain, apparently, about having to live at home until they are 72 but that's because they spend all their money on suits and coffee and Alfa Romeos rather than mortgages. -- Jeremy Clarkson
When you think that most of us are doomed by divine grace to roast in hell, to say nothing of mortgages and hail and bad crops and extravagant womenfolks, 'tain't any laughing matter! -- Sinclair Lewis
Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of the underlying property until it is resold to new investors. -- Charles Duhigg

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