#mortgage

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

#about #absolutely #also #banking #because

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

— Douglas Rushkoff

#life

We will not, on the altar of money, mortgage our conscience, mortgage our faith, mortgage our salvation. ↗

— Peter Akinola

#conscience #faith #money #mortgage #our

Ignore the annual percentage rate when shopping for a mortgage. ↗

— Suze Orman

#ignore #mortgage #percentage #rate #shopping

Opt for a fixed-rate rather than an adjustable-rate mortgage. ↗

— Suze Orman

#opt #rather #than

All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any kind of government intervention when the profits are rolling in, but are quick to pass the bill for the cleanup and the far-reaching consequences of these avoidable tragedies to the public when things go wrong. We have a straightforward proposal: if they want public money, we want public control. It's that simple. ↗

— Michael Hureaux-Perez

#capitalism #corporations #deepwater #economic-interventionism #environment

And to whom were these bundles of unrecognizably mashed-up mortgages ultimately sold? Quite often, to you and me. Our pension funds, municipalities, and money-market accounts were made up largely of these “mortgage-backed securities. ↗

— Douglas Rushkoff

#money

If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder. ↗

— Jamie Dimon

#done #government #guarantee #guaranteed #i

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

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada. ↗

— Stephen Harper

#banking #because #canada #canadians #causes