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Lisa Madigan Quotes
Lisa Madigan quote
Lisa Madigan quote
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My investigation found Sallie Mae put student borrowers into expensive subprime loans that it knew were going to fail.
Lisa Madigan
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Lisa Madigan
American
Public Servant
Born:
Jul 30
,
1966
Topics
Borrowers
,
Student
,
Investigation
,
Put
,
Knew
,
Fail
,
Were
,
Going
,
Expensive
,
Found
,
Loans
Links
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,
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The Psychology of Perfectionism: Theory, Research, Applications
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Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.
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Some borrowers are pretty damn good at fraud.
Dan Gilbert
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We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers.
Jerome Powell
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As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret.
Virginia Postrel
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I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers - those with the weakest credit.
Michael Burry
First
Back
Market
Worry
Those
Weakest
About
Borrowers
More
More And More
Throughout
Had
Generate
Volume
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Loans
My investigation found Sallie Mae put student borrowers into expensive subprime loans that it knew were going to fail.
Lisa Madigan
Borrowers
Student
Investigation
Put
Knew
Fail
Were
Going
Expensive
Found
Loans
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