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The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.
[Steven] Lerner's plan starts by attacking JP Morgan Chase with demonstrations on Wall Street, protests at the annual shareholder meeting, and then calls for a coordinated mortgage strike.
I want to pay my mortgage and go on vacation, so I love working. I want to be able to do independent projects as well, and being on a successful TV show allows you to do some other things.
Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
I got told so many times I needed a manager. For a long time I resisted, and I finally got one so I can pay my mortgage, and it helped me from becoming a homeless person.
We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.
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.
Foreign policy is a little bit like a guy who goes to Las Vegas. If you win too much, then you eventually bet the mortgage. You start to think you are infallible.
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.
I could remember the house on Lexington Street, where the mortgage hung over our heads almost as tangibly as the roof, and we still managed to enjoy life.
There was a time when people thought that if you piled a bunch of mortgages together, the top of the pile was AAA. There are a lot of things that become consensus.
My grandfather used to say ‘It is my house I am paying the bills’, my dad used to say ‘this is my house I pay the mortgage’, my generation is saying this is my house I pay the rent.