Mortgage Quote by Douglas Rushkoff

“The creation of the mortgage bond market, a decade earlier, had extended Wall Street into a place it had never before been: the debts…

— Michael Lewis

“The urgency to own stuff and have it now is promulgated by our culture. In the USA, tax incentives for mortgage debt have been…

— Joe C

“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

“If you’re not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your…

— Thomas J. Stanley

“Most people, given more money, only get into more debt.”

— Robert T. Kiyosaki

“The escalation of home prices that had allowed refinancing to pay off more debt had stopped. With a decline in housing prices, overleveraged borrowers…

— Patricia Crisafulli

“When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new…

— Michael Lewis

“They understood what had really held the market together before. Violence. After all, what good was a debt if the creditor couldn't compel it…

— Alex London

“... low interest rates and cheap credit also cause people to act foolishly or greedily ...”

— Fareed Zakaria

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…

— Michael Burry

“The sudden introduction of these magic mortgage bonds into the marketplace pushed most every major institutional investor in the world to suddenly become consumed…

— Matt Taibbi

“THERE IS NO SUCH THING AS GOOD DEBT. Some”

— Joshua Fields Millburn