Community Quote by Wilbur Ross

What began as a subprime lending problem has spread to other, less risky mortgages and contributed to excess home inventories that have pushed down…

— 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

Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too…

— Dave Brat

“Banks traditionally profited by capturing the difference between the interest rate at which they made loans and what it cost them to borrow. With…

— Danielle DiMartino Booth

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

We never did these kinds of loans that really started this mess, the subprime loans. We just never got into that business. We were…

— Dan Gilbert

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

— Rush Limbaugh

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

In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their…

— Barney Frank

“So now as always you could get AAA ratings, not for subprime mortgages, obviously bad, but for submarine mortgages, clearly much better! And the…

— Kim Stanley Robinson

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

— Ben Bernanke

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