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Borrowers Quotes
Borrowers Quotes
Ultimately, the success of America's market economy depends on trust. This includes trust between buyers and sellers, between lenders and borrowers, and between investors and the companies in which they invest.
Amy Klobuchar
Success
Trust
Market
Market Economy
Borrowers
Invest
Investors
Between
Economy
Ultimately
Sellers
America
Depends
Which
Companies
Buyers
Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.
Ben Bernanke
Strong
Profit
Earn
Borrowers
Remain
Continue
Banks
Lend
Need
Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even in a strong economy, unforeseen life events and risks in local real estate markets make highly leveraged borrowers vulnerable.
Ben Bernanke
Life
Home
Great
Risks
Events
Strong
Real Estate
Great Deal
Strong Economy
Unforeseen
Local
Markets
Purchases
Borrower
Borrowers
Risk
Moreover
Highly
Economy
Make
Vulnerable
Deal
Real
Subject
Very
Estate
Lender
Even
Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.
Charles Duhigg
Time
Day
Every Day
Every
Added
Immediate
Charges
Total
Borrowers
Mortgages
Over
Make
Because
Reverse
Debt
Owed
Interest
Require
Grows
Amount
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.
Charles Duhigg
Home
Sense
Live
High
Borrowers
Only
Mortgage
Fees
Make
Because
Reverse
Years
Expect
Who
Number
Associated
Loans
Some borrowers are pretty damn good at fraud.
Dan Gilbert
Good
Damn
Fraud
Some
Pretty
Borrowers
We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers.
Jerome Powell
Good
Broad
Range
System
Bad
Borrowers
Good Times
Mortgage
Provides
Times
Credit
Need
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
Buy
Obligations
Regret
Old
Too
Our
Later
Guilty
Running
Easy
Find
About
Borrowers
Constraints
Records
Feel
Making
Impose
Up
Debt
Anxious
Current
May
Choices
Payments
Resentful
Credit
Things
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
Mortgages
Greater
Housing
Housing Market
Were
Offered
Begun
Standards
Credit
Watched
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
Navient's actions have led to student borrowers needlessly carrying billions of dollars in debt, and the company must be held accountable.
Lisa Madigan
Must
Carrying
Borrowers
Student
Dollars
Led
Debt
Accountable
Held
Billions
Billions Of Dollars
Actions
Company
More than a quarter of mortgage borrowers are underwater, and 11 percent of all homes are vacant.
Marcia Fudge
Borrowers
Percent
More
Mortgage
Quarter
Underwater
Than
Homes
Vacant
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
Today
Loan
Will
Become
Difficult
Market
Market Share
Borrowers
Costly
More
Higher
Share
Mortgage
Attractive
Household
Becomes
Private
Score
Than
Get
American
Average
Average American
Grow
Credit
Loans
We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management.
Karen Mills
Government
Time
Management
Believe
Increased
Saves
Our
Borrowers
Risk
Risk Management
Costs
Maintaining
Because
Oversight
Very
Same
While
Much
Across
Engaged
Activities
Levels
While payday loans are often the only source of credit for low-income Americans, these lenders are notorious for predatory practices that cause borrowers to fall deeper into debt.
Seth Moulton
Cause
Fall
Borrowers
Only
Practices
Source
Debt
American
Often
Predatory
While
Low-Income
Notorious
Deeper
Credit
Loans
When I was nine, 'The Borrowers' was such a big series for me!
Gugu Mbatha-Raw
Me
Big
Nine
Borrowers
Series
It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players - exporters and importers, investors, borrowers, lenders.
Elvira Nabiullina
Me
Balance
Market
Borrowers
Rate
Seems
Exchange
Exchange Rate
Investors
Enables
Artificially
Controlled
Different
Banks
Which
Central
Interests
Players
The Interest Rate Reduction Act takes a first step toward providing critical stability by eliminating the threat of an immediate interest rate increase, while making clear the need to move toward a long-term solution that serves the best interests of taxpayers and borrowers.
John Kline
Best
First
Increase
Immediate
Critical
Solution
Best Interests
Threat
Borrowers
Rate
Step
Clear
Takes
Toward
Long-Term
First Step
Making
Reduction
Providing
Stability
Move
While
Interest
Taxpayers
Interests
Act
Serve
Need
Substantive and procedural law benefits and protects landlords over tenants, creditors over debtors, lenders over borrowers, and the poor are seldom among the favored parties.
John Turner
Benefits
Law
Favored
Borrowers
Seldom
Over
Parties
Protects
Debtors
Substantive
Procedural
Poor
Landlords
Among
Creditors