Excess Quote by Henry Paulson

Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was…

— Michael Lewis

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

Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on…

— Wilbur Ross

Subprime mortgages, typically defined as those issued to borrowers with low credit scores, make up roughly the riskiest one-third of all mortgages.

— Michael Burry

What caused the economic collapse 2008? It was the subprime mortgage crisis.

— Rush Limbaugh

In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to…

— Michael Burry

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and…

— Ben Bernanke

A home is a home, and excess supply leads to prices falling.

— Nouriel Roubini

“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

I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.

— Henry Paulson

Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.

— Bethany McLean

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all…

— Warren Buffett