#mortgage

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

However my parents - both of whom came from impoverished backgrounds and neither of whom had been to college, took the view that my overactive imagination was an amusing quirk that would never pay a mortgage or secure a pension. ↗

— J. K. Rowling

#backgrounds #been #both #came #college

I think we've been dulled by capitalism. We're just blobs now - we're so worried about how we can keep paying the lease on the car, the mortgage, the lease on the toaster and all that. You can't really think about much else. If you lose that, you lose the whole lot. ↗

— Rupert Everett

#been #capitalism #car #else #how

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

Every radish I ever pulled up seemed to have a mortgage attached to it. ↗

— Ed Wynn

#ever #every #i #mortgage #pulled

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

#could #credit #deserves #during #empowered

Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent? ↗

— Karl Rove

#bailing #bailout #bank #began #commentator

The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves. ↗

— Ben Stein

#bought #credit #default #did #funds

Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit. ↗

— Douglas Rushkoff

#life