Quotes About Mortgage

I'm short-selling my house. I have more loans than I can sell the house for. The house will not go into foreclosure. It will be a short sale. I can't afford the house as I once could.

Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.

Our Sheffield and London homes are worth well over a million but the bank owns most of them - we are mortgaged up to the gills.

In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.

The vast majority of the American people are hard-working taxpayers who take responsibility for their families, go to work every day, they pay their mortgage on time, they volunteer in their community.

By any measure this is a lot of money—it equals the mortgage on my Seattle home

It is a deep irony that the era in which America is commonly thought of as leading the world in a market revolution saw its housing market become dependent on a government-sponsored mortgage machine descended from the New Deal.

A food critic really only needs two things in order to do his job properly: no eating disorders and the gastric morals of a hooker with a mortgage

It sounds so incredibly selfish, but you just can't earn the same money doing theater as you can doing television and film. I know that's awful, but you get a mortgage and a family, and suddenly, paying that seems quite important.

You know, I am mainstream America, and it really doesn't matter what party you're in. When you call your children and you say 'How are you?' - and what you are really asking is, 'Do you still have your job? And are you able to make the mortgage payment?', That resonates across the state, not across party lines.

Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

Sequestration will make it extremely challenging - and in many cases impossible - for employees to meet their mortgage payments, pay their healthcare expenses, plan for retirement, or help their children attend college. To be blunt, these families are at risk.

Your mortgage shouldn't have been treated as a wager - it should be a way to provide a home and financial stability for you and your family.

It was hard to borrow money to buy a house.

Debt is so ingrained into our culture that most Americans cannot even envision a car without a payment, a house without a mortgage, a student without a loan, and credit without a card. We

Debt is so ingrained into our culture that most Americans cannot even envision a car without a payment, a house without a mortgage, a student without a loan, and credit without a card.

I tell everyone never to take more than a fifteen-year fixed-rate loan, and never have a payment of over 25 percent of your take-home pay. That is the most you should ever borrow.

We had a bubble in housing.

I've known numerous actors who got a pilot that they thought was going to run forever, and they went out and blew all of the money. Now they've got a mortgage they can't pay for.

I'm for the Wall Street Occupiers. But will they accept me when they find out I sell packaged mortgage default instruments to children?

Created by Congress as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the CFPB was a direct response to the financial crisis and ensuing Great Recession that began with the subprime mortgage debacle and the unraveling of Lehman Brothers investment bank.

You can look at what I did in the Senate. I did introduce legislation to rein in compensation. I looked at ways that the shareholders would have more control over what was going on in that arena. And specifically said to Wall Street, that what they were doing in the mortgage market was bringing our country down.

For years, critics of Fannie Mae have warned that it does not give them enough information to judge its risks.

This was the beginning of real income for McDonald's. Harry devised a formula for the monthly payments being made by our operators that paid our own mortgage and other expenses plus a profit.