"And so Fannie Mae produces very strong results……" — Franklin Raines
"And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms."
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Franklin Raines
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19 Quotes by Franklin Raines
Franklin Raines has 19 quotes on this site.
A few more worth reading:
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If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the…
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We think if the economy remains weak that we could see mortgage rates trail down and we think that we…
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Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and…
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And so the danger for the housing industry is if we see interest rates rise.
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And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the…
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I think if you go beyond a year - if this continues into the system in the out years, I…
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Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these…
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So from the housing standpoint, steady as you go, I think, would be the best medicine.
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The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
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They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if…
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Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting…
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Well, I think the best form would be to put money directly in the pockets of consumers.
See all 19 quotes by Franklin Raines »
More Booms Quotes
This quote is filed under Booms Quotes,
one of 14 quotes in that category. Here are a few more:
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Is life less thrilling if your neighbors are rational, if they don’t bomb your power stations whenever they feel you…
— Rabih Alameddine
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During the 1990s, San Francisco lived through one of the most intense economic booms of its history
— Gavin Newsom
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Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the…
— Ludwig von Mises
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O'er folded blooms On swirls of musk, The beetle booms adown the glooms And bumps along the dusk.
— James Whitcomb Riley
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Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts…
— Edwin Lefevre
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On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.
— James Surowiecki
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...capitalism does live by crises and booms, just as a human being lives by inhaling and exhaling.
— Leon Trotsky
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If the financial system has a defect, it is that it reflects and magnifies what we human beings are like.…
— Niall Ferguson
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I don't make sonic booms. I want a whip. I like the idea of walking around making sonic booms everywhere.
— Karen Marie Moning
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The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently…
— John Maynard Keynes
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What we need to understand is, one, that there are market failures; and two, that there are things like asset…
— Nouriel Roubini
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The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning…
— Andrew Ross Sorkin
See all 14 Booms Quotes »