Because Quote by Henry Paulson

Foreclosure is to no one's benefit. I've heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.

— Henry Paulson

Foreclosures are a significant problem; they're an economic problem.

— Henry Paulson

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority…

— Alan Greenspan

Trying to avert foreclosures, once you can't just force the banks to do it as a condition of getting aid, means that you have…

— Barney Frank

“By late 2008, one out of every five mortgage holders owed more than their homes were worth. The banks called in the loans, and…

— Elizabeth Warren

Well, actually, if you can stay in your home that is a better deal for the neighborhood. It's certainly a better deal for the…

— John Garamendi

If home ownership is the American dream, then foreclosure certainly is the American nightmare. It destroys more than credit. It destroys lives. And its…

— Lisa Madigan

Foreclosure is nothing new. And it certainly will always be a fact of life for some.

— Lisa Madigan

Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a…

— Ben Bernanke

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to…

— Walter E. Williams

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

Giving debt relief to people that really need it, that's what foreclosure is.

— J. P. Morgan