Quotes About Mortgage

Well, anyway," Joey went on blithely, "few years ago this guy calls me up. 'Joey,' he says, 'I got big problems. The vacation market is in the shits, I can't pay my mortgage. What should I do?' I say, 'How about you put some fucking pants on and get a job?' He says, 'I have no pants.' I say, 'I'll buy you some.' 'No,' he says. 'Fuck pants.

I once got a call from a bank, asking me to compute a mortgage, since their computers were down. This was a very depressing moment.

The universe of mortgage lending has gotten to the point where there is a place in it for everybody.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

Analysts say that one reason Fannie Mae and Freddie Mac were privatized in the first place was to prevent political whims from dominating the mortgage marketplace.

A lot of the problems in the mortgage world, people said, were because our competitors were evil. But a lot of it was a lack of technology - bad processes and systems.

I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.

I don't even understand the connection with 'died for your sins'. He died for your sin, well, how does one affect the other? 'I hit myself in the foot with a shovel for your mortgage'...

Engaged in a new form of serfdom---only bound now to banks and mortgage lenders instead of to lords---her more highly leveraged neighbors pore over the business section of the newspaper each day looking for some sign that the government will soon step in to "freeze" their mortgage rates where they are before a scheduled adjustment hits.

As we peer into society's future, we -- you and I, and our government -- must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.

In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

By the end of 2007, UK household debt had reached 177% of disposable income, mortgage debt 132%. Martin Wolf wrote in the Financial Times in September 2008

He and William agreed to cancel their mortgage on Frank's Kansas ranch.

All of my friends from school grew up and settled downAnd they mortgaged off their livesOne thing's not said too much, but I think it's trueThey just get married 'cause there's nothing else to do

Better to live in a small rented apartment than in a flat or bungalow purchased on a housing loan which requires that person to pay EMI for several years to have a mortgaged life.

Get-educated-quick schemes are usually about as sound as subprime mortgage-backed securities: Enticing but basically fraudulent.

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for?

We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers.

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.

What do you have to worry about? That you're lonely? That you have a mortgage? That your wife doesn't love you? F you, F you. I have to worry about having enough to eat!

Thirty-nine was the best year of my life earnings-wise. I paid off my mortgage and felt a massive sense of achievement.

mortgage The word literally means "dead pledge," and if it were called that maybe more people would think twice about getting one. It is a classic example of a financial entity that would scare people off if they thought more clearly about what it is: a highly leveraged form of long-term borrowing with regular demands for cash payment against an illiquid asset that is known to be even more illiquid in difficult times.

A smart person never ever buys a house or anything on any financial loan.