#isi

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

#born #bullet #caused #crisis #depression

It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed. ↗

— Mark Zandi

#bandage #began #crisis #dark #economy

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it? ↗

— Mark Zandi

#better #buyers #choice #cost #costs

The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake. ↗

— Mark Zandi

#anyone #bush #bush tax cuts #cuts #economic

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

#contemplating #crisis #disgust #early #even

I had this whole ritual with my mother making the bed with me inside it so I would be invisible. ↗

— Ahmet Zappa

#had #i #inside #invisible #making

I didn't have any concept of age or authority. I remember realising, Oh, the world has rules and we don't. ↗

— Moon Unit Zappa

#any #authority #concept #i #i remember

Weapons are an important factor in war, but not the decisive one; it is man and not materials that counts. ↗

— Mao Zedong

#decisive #factor #important #important factor #man

We got involved in the Rwanda peace process for the simple reason that there was a decision which was taken by the Security Council, because the troops were in Uganda, and we decided to have a military presence. ↗

— Boutros Boutros-Ghali

#council #decided #decision #got #involved

You have to listen to the people who have a negative opinion as well as those who have positive opinion. Just to make sure that you are blending all these opinions in your mind before a decision is made. ↗

— Carlos Ghosn

#before #blending #decision #just #listen