What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.
Matt Taibbi
KindBubbleMortgageOutBigLike
The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
Steven Rattner
HealthRetirementInsuranceMortgage
Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
Janet Yellen
ValueWealthImportantDebtMortgage
Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.
Suze Orman
RetirementWorryYouMortgagePay
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.
Thomas Frank
MortgageCandyParadeOutIndustry
You got to pick one - pay your medical bills or pay the mortgage. Most people can't do both, and I'm no different.
Levon Helm
MedicalPeopleYouMortgagePayGot
But the advice was not taken - Johnstone did emigrate to Canada, and did mortgage his pension; and I fear - though I failed to trace his after history - that he suffered in consequence.
Hugh Miller
FearHistoryAdviceCanadaMortgage
While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.
Dave Ramsey
HomePeopleDownDebtMortgageSave
Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates.
Bill Dedman
PeopleCreditChicagoMortgagePrime
More than a quarter of mortgage borrowers are underwater, and 11 percent of all homes are vacant.
Marcia Fudge
MortgageMoreUnderwaterQuarter
I'm on the road earning my money. I didn't get any million pound record deals. Not unless you're Jedward! I'm doing very well, but I still have a mortgage to pay off. So I'm on the road.
Imelda May
MoneyRoadDoingYouMortgagePay
All homeowners in America may deduct mortgage interest on their first and second homes.
Matthew Desmond
AmericaMortgageFirstMayInterest
I don't have any contempt for the men who have to have jobs and have to commute and have to pay the mortgage and have to get their kids an education. To me, that's the backbone of America, to coin a phrase.
Sloan Wilson
EducationMenMeAmericaMortgage
Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.
Dee Dee Myers
PoliticalHelpLongTaxMortgage
A reverse mortgage is available to anyone who is at least 62 years old and owns a home outright, or has a small mortgage balance remaining.
HomeBalanceSmallMortgageOldWho
How many of you people want to pay for your neighbor's mortgage?
Rick Santelli
PeopleYouNeighborWantMortgage
When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious that a number of firms were not dotting the i's and crossing the t's when it comes to risk management.
Kenneth C. Griffin
ManagementViewYouMortgageRisk
Foreclosure is to no one's benefit. I've heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.
Henry Paulson
LoseInvestmentMortgagePercent
My dad is the first to say that Mum deals with the mortgage payments, the bills, the rota, things like that, while my dad is the emotional one who keeps the home together. He's the nurturer, but together, they work perfectly.
Cush Jumbo
WorkHomeTogetherSayMortgage
Some countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much.
Al-Waleed bin Talal
GrowthYouMortgageHighLowWhere
Congressman Watt has a long history of advocating against predatory lending and the mortgage practices that caused millions of families to lose their homes.
HistoryLongLoseMortgageAgainst
I love voiceovers. You get to show up for half a day and pay your mortgage. How great is that?
Ian Harding
LoveGreatDayYouMortgagePay
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