#mortgage

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

#consumer #home #homeowners #improvements #like

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat? ↗

— Thomas Friedman

#attention #bank #crisis #economic #economic crisis

When I was a little kid, I wrote this play about all these characters living in a haunted house. There was a witch who lived there, and a mummy. When they were all hassling him, this guy who bought the house - I can't believe I remember this - he said to them, 'Who's paying the mortgage on this haunted house?' I thought that was really funny. ↗

— Mindy Kaling

#believe #bought #characters #funny #guy

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

#adviser #affected #being #child #child support

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

#been #better #better off #had #i

The moment you have children and a mortgage you want things to work; you're locked into the human project and you want it to flourish. ↗

— Ian Mcewan

#flourish #human #into #locked #moment

But the advice was not taken - Johnstone did emigrate to Canada, and did mortgage his pension; and I fear - though I failed to trace his after history - that he suffered in consequence. ↗

— Hugh Miller

#after #canada #consequence #did #emigrate

Step by step, place became property, property became a mortgage, and mortgages became derivative investments. ↗

— Douglas Rushkoff

#life

Worm or beetle - drought or tempest - on a farmer's land may fall, Each is loaded full o' ruin, but a mortgage beats 'em all. ↗

— Will Carleton

#beetle #drought #each #fall #farmer

We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them back. Banks then changed the bankruptcy laws so that we could not get out of our obligations once the rates changed. Lastly, they sold us back our own mortgages, shifting back to us any of the risk through our money-market accounts and pension funds. ↗

— Douglas Rushkoff

#wall-street #change