95 Mortgage Quotes

“What's happened is somewhere, along the line, as a society, we confused the notion of 'home' with the possibility of 'an investment opportunity'. What kind of creature wants to live in an 'investment opportunity'? Only man.
The fox has his den. The bee has his hive. The stoat, has, uh ... his stoat-hole ... but only man chooses to make his nest in an investment opportunity. Mmm, snuggled down in the lovely credit! All warm, in the mortgage payment, mmmmm ...”

— Stewart Lee

“Goldman Sachs and other investment banks understood the ensuing problem so well that they began betting against the very mortgage-backed securities they were underwriting!”

— Douglas Rushkoff

“I figured he was adhering to the adage that if you don't have anything nice to say, don't make fun of the person paying the mortgage.”

— Josh Kilmer-Purcell

“So the only time RICO was used to fight mortgage fraud was when the criminal was a black gang member and the victims were banks. (Ironically, nobody thought to wonder how it was possible for a Lincoln Park gang member to buy 222 houses with no money down. Heading into that particular rabbit hole would have led to the larger crime, but nobody did.)”

— Matt Taibbi

“We make our house a home, but the sooner the mortgage is paid off, the sooner it truly turns into our own home.”

— Celso Cukierkorn

“Most people are motivated by the economy. And if you've lost your job, lost your mortgage, lost your 401(k), you're angry. And if your brother-in-law has lost one of those you're angry still. And when you're angry you take it out on people who are in office. Which is natural.”

— Ed Rendell

“Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.”

— Bill Ackman

“What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.”

— Matt Taibbi

“Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.”

— Ted Strickland

“I love the stage, but it doesn't pay the mortgage.”

— David Harewood

“You have to have a certain single-mindedness if you want to reach the top of the profession, and I'm not sure if I've got that cold-eyed egomania that perhaps is needed to get to the top. So as long as I can keep paying the mortgage and keep myself interested, I'll be happy.”

— David Harewood

“Because the lenders sold many-though not all-of the loans they made to other investors, in the form of mortgage bonds, the industry was also fraught with moral hazard. "It was a fast-buck business," says Jacobs. "Any business where you can sell a product and make money without having to worry how the product performs is going to attract sleazy people.”

— Michael Lewis

“Long Beach Savings was the first existing bank to adopt what was called the "originate and sell" model. This proved such a hit-Wall Street would buy your loans, even if you would not!-that a new company, called B&C mortgage, was founded to do nothing but originate and sell.”

— Michael Lewis

“I'm on the road earning my money. I didn't get any million pound record deals. Not unless you're Jedward! I'm doing very well, but I still have a mortgage to pay off. So I'm on the road.”

— Imelda May

“I have never had another job and I don't have a mortgage.”

— Alison Moyet

“In my first meeting with Vladimir Putin in the spring of 2001, he complained that Russia was burdened by Soviet-era debt. At that point, oil ws selling for $26 per barrel. By the time I saw Putin at the APEC summit in Sydney in September 2007 oil had reached $71
on its way to $137 in the summer of 2008. He leaned back in his chair and asked how were Russia's mortgage-backed securities doing.”

— George W. Bush

“Some financial advisers say anyone who may move in less than seven years should not take out a reverse mortgage.”

— Charles Duhigg

“Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent?”

— Karl Rove

“The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.”

— Suze Orman

“Ignore the annual percentage rate when shopping for a mortgage.”

— Suze Orman

“Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.”

— Suze Orman

“If you're going to live in the house make it your goal to just pay off your mortgage.”

— Suze Orman

“I don't know how it's going for my sisters, but as my 40s and Verizon bills and mortgage payments roll on, I seem to have an ever more recurring 1950s housewife fantasy.”

— Sandra Tsing Loh

“There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.”

— Mark Zandi

“If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years,”

— David Lereah

“Let us avoid debt as we would avoid a plague ... Let every head of every household see to it that he has on hand enough food and clothing, and, where possible, fuel also, for at least a year ahead ... Let every head of household aim to own his own home, free from mortgage. Let us again clothe ourselves with these proved and sterling virtues-honesty, truthfulness, chastity, sobriety, temperance, industry, and thrift; let us discard all covetousness and greed.”

— J. Reuben Clark

“We go to church buildings that still have a mortgage. Which means the bank owns God's house. Which means that we go and make love to God in a house that Satan owns!”

— Eddie Long

“Anyone who has ever taken out a mortgage will be unsurprised to learn that it is, literally, a /death pledge/.”

— Mark Forsyth

“Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they bet against George Soros and for the British pound. And they are erring right now by continuing to float along as if the most significant credit bubble history has ever seen does not exist. Opportunities are rare, and large opportunities on which one can put nearly unlimited capital to work at tremendous potential returns are even more rare. Selectively shorting the most problematic mortgage-backed securities in history today amounts to just such an opportunity.”

— Michael Burry

“The Germans made just about every bad investment you could have made. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.”

— Michael Lewis

“Whatever happened to Trump Airlines? How about Trump University? And then there's Trump Magazine and Trump Vodka and Trump Steaks, and Trump Mortgage?A business genius he [Donald Trump] is not.”

— Mitt Romney

“I think there were bad actors in the government and bad actors in the finance, mortgage, markets industries that need to be called out and held accountable.”

— Hillary Clinton

“I'm not good looking. I'm very strange - a very bony face on an enormous skull, and I don't like to be naked because I don't like how I look naked. And - no, no. I own a lot of my house, because I'm Irish and from people who never owned anything. So I could have a lot more trappings of wealth if every time I had 20 extra dollars I didn't pay off more of the mortgage.”

— Dan Savage