Amazing Quote by Ben Stein

“We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them…

— Douglas Rushkoff

The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were…

— Nassim Nicholas Taleb

The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they write. They…

— Richard Thaler

Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't…

— James P. Gorman

“Lenders want to have peace of mind when it comes to getting their money back plus profit – collateral is one thing that gives…

— Hendrith Vanlon Smith Jr

“bank gives some poor schmuck a mortgage at 100% the value of his property. No deposit. The bank sells the debt off to a…

— Nick Stephenson

“And to whom were these bundles of unrecognizably mashed-up mortgages ultimately sold? Quite often, to you and me. Our pension funds, municipalities, and money-market…

— Douglas Rushkoff

“A return to classical bank policy would deem loans fraudulent and annul debts when creditors do not lend with any reasonable calculation of how the…

— Michael Hudson

I tried to sell mortgages for just under a year and saw the tail end of the mortgage crisis. I was not great at…

— Tim Dillon

The people that did it the way they were supposed to do it, the way they were taught in school: save your money, so…

— Donald Trump

“The idea, in the wake of the savings-and-loans disaster, was to spread risk outward from those immediately involved in lending to mortgage borrowers and…

— Adam Tooze

People are looking back and trying to, you know, get compensation for bad mortgages and all the rest of it in some of the…

— Hillary Clinton