#owe

Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women. ↗

— Muhammad Yunus

#benefit #borrowers #brought #changed #family

I have raised beds, perennial beds, cut flower beds. I have an island on a pond that's just covered in peonies. I have an herb garden, tons of vegetables, raspberries. I have everything. I'm a green guy. ↗

— Steve Zahn

#covered #cut #everything #flower #garden

In a world awash in debt, power shifts to creditors. ↗

— Fareed Zakaria

#creditors #debt #power #shifts #world

It's not possible for two countries to be the leading dominant political power at the same time. ↗

— Fareed Zakaria

#dominant #leading #political #political power #possible

When you're failing, there's a very powerful incentive to put ideology aside and just do what seems to work. ↗

— Fareed Zakaria

#failing #ideology #incentive #just #powerful

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. ↗

— Mark Zandi

#break #forbearance #full #giving #helps

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

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score? ↗

— Mark Zandi

#before #borrower #borrowers #credit #debt

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 average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow. ↗

— Mark Zandi

#attractive #average #average american #become #becomes