#mortgages

Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done. ↗

— Eliot Spitzer

#being #change #companies #demanded #done

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil. ↗

— Jeff Bezos

#approaching #bank #convince #evil #go

Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages. ↗

— Franklin Raines

#also #cut #economy #got #interest

And if you like 14.4 percent unemployment, if you like the fact that 70 percent of home mortgages in Nevada are underwater, then stay the course. Vote for Harry Reid. ↗

— John Cornyn

#fact #harry #harry reid #home #like

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. ↗

— Martin Feldstein

#consumer #home #homeowners #improvements #like