Words matter. These are the best Mortgage Quotes from famous people such as Mark Zandi, Neil Macdonald, Dave Ramsey, Bob Diamond, Esther McVey, and they’re great for sharing with your friends.
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.
In early 2008, before the criminal greed of America’s mortgage and investment bank industry nearly destroyed the world’s economy, the balance sheet of the U.S. Federal Reserve stood at about $870 billion.
While I encourage people to save 100% down for a home, a mortgage is the one debt that I don’t frown upon.
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.
When I was growing up, my parents put money into food, utility bills, and the mortgage.
In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.
I’m for the Wall Street Occupiers. But will they accept me when they find out I sell packaged mortgage default instruments to children?
A mortgage transaction is very complex, very complicated, and very localized – the rules are not just by state but by county, sometimes even by municipality.
It’s a brilliant job. I’m literally paying my mortgage by fighting imaginary dragons.
Government is promoting bad behavior… Do we really want to subsidize the losers’ mortgages? This is America!
I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.
Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.
I love voiceovers. You get to show up for half a day and pay your mortgage. How great is that?
The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.
You wake up one day and you realize that all these years have gone by and I have this mortgage and I have this couch and I have this life and… is this going to be my prison?
Most women work not from yearning for fulfilment but yearning to pay the mortgage.
I became interested in ‘Smallville’ when ‘Aquaman’ was not picked up and my mortgage was due. Kidding. The real reason is that it was an easy decision.
Except for a handful of banks that just keep a handful of their loans in portfolio, on their balance sheet, every other loan that’s originated in the United States – whether from a bank, mortgage company, mortgage broker – is sold into the secondary market.
I realized I didn’t need to go to work every day. I could work for the pleasure and the challenge, not for the mortgage payment.
I did Broadway shows. And I started realizing that this is actually how I’m going to make my living. So maybe I should try to do television and film and make a better living and get an occasional residual check so I can pay a mortgage someday.
In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.
I’m very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
For my very first movie, ‘Roger and Me,’ I made it as part of my deal with Warner Brothers that the four people that were evicted in that film, that Warner Brothers would house – would pay their mortgage or their rent for the next two years to give them a chance to get on their feet.
Mint’s business model became, ‘We’ll go for free, and then we’ll find these savings opportunities for you.’ You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you.
President Obama inherited a broken country mired in two wars, a financial crisis, a mortgage mess and more than we all probably even know about and has in my opinion brought us back from the brink. But I still see my friends in no better shape and the gap widening.
I get that people are worried about their mortgages and bills that have to be paid. They don’t have time to worry about the Syrian refugees, and I get that. The thing about it is, when it gets worse and worse and worse and down the line, it’s no longer restricted to these places.
If you can’t afford the upkeep of your home, it makes no sense to do a reverse mortgage. You will just end up having to sell eventually when you realize you can’t afford the home, and whether you have any equity left after the sale depends on the size of the reverse loan that must be settled.
My motivation is paying the mortgage. No joke. Honestly. I still suffer with nerves and think, ‘Why am I putting myself through this torture?’ It’s not actually the love of winning – it’s that building of a partnership with a horse. Just riding horses every day keeps me going. And that threat of losing the mortgage.
In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement.
I’m a businessman. I build things, create jobs – jobs that allow people to pay their mortgage, put food on the table, put their kids through college.
Coming up with a ballpark figure on how much you need to pay your expenses, such as your mortgage or rent, insurance, and utilities, is the first place to start when developing your ultimate goal of becoming a multimillionaire.
I’m wildly unskilled at what I do. Part of me thinks: ‘Why do I think I can pull this off?’ but the part of me that has to pay the mortgage thinks: ‘Just get on with it!’ I’ll just keep going until someone discovers I’m no good.
After I dropped out of college at the age of 19, I became a mortgage broker, and when I went back to school I thought about going into real estate law. I probably would have made a lot more money and died of boredom by now.
I worked at a mortgage company, and after I left, most of the office went to jail.
If our American women are going to work to put food on the table and pay for the mortgage, then we better make sure that they get put into jobs that pay well and that pay their worth. That’s why I’m such a huge advocate about computing jobs, because those are the jobs.
We have seen the big loan servicers drag their feet in the Obama administration’s well-intentioned mortgage modification program.
You have to have a certain single-mindedness if you want to reach the top of the profession, and I’m not sure if I’ve got that cold-eyed egomania that perhaps is needed to get to the top. So as long as I can keep paying the mortgage and keep myself interested, I’ll be happy.
I don’t have a mortgage, I don’t have a wife and I don’t have kids, so I’m quite happy bumbling along.
The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. That leaves us with both potential taxpayer liability and systemic risk.
I’m not sure comics sustain mortgage, and the house, and three kids.
Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.
We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.
I don’t have any contempt for the men who have to have jobs and have to commute and have to pay the mortgage and have to get their kids an education. To me, that’s the backbone of America, to coin a phrase.
In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break.
The future that I will not live to see is the one my children will live in. That’s my immortality. And I shouldn’t try to mortgage theirs for my benefit.
A reverse mortgage is available to anyone who is at least 62 years old and owns a home outright, or has a small mortgage balance remaining.
I have met too many people who are looking for work, worrying about their mortgage, uncertain about their health insurance, and doubting that things will get any better anytime soon. Not just concerned about the present, many of us are doubting the future.
In acting, every day is different, and I guess it appeals to my storytelling imagination. But I’ve been very fortunate to get the chance to do what I want to do and earn a living from it to pay the mortgage.