Tag - Borrowers Quotes

Discover the most inspirational quotes from the Borrowers Quotes. Here, you’ll find a diverse collection of motivation, wisdom, love, laughter, or a deeper understanding of life, our curated selection of quotes has something for everyone.
Perfect for fans and those looking for motivation, our collection of Borrowers Quotes will inspire and resonate with you. Borrowers Quotes

Seth Moulton

While payday loans are often the only source of credit for low-income Americans, these lenders are notorious for predatory practices that cause borrowers to fall deeper into debt.

– Seth Moulton

Richard Cordray

Too often, borrowers who need quick cash end up trapped in loans they can’t afford.

– Richard Cordray

Rebecca Serle

The Borrowers’ is the story of tiny people who live beneath the floorboards of houses and borrow from the occupants. I may have tried to pull up a plank or two because of it.

– Rebecca Serle

Pierre Omidyar

Microfinance initiatives are very high-touch models. The loan officer meets with local groups of borrowers every week, they share tips and techniques. There’s a lot of training and learning that goes on, which adds to the cost of the model.

– Pierre Omidyar

Muhammad Yunus

Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women.

– Muhammad Yunus

Michael Burry

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 a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers – those with the weakest credit.

– Michael Burry

Michael Burry

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

Michael Burry

What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves. It’s up to the lenders to show restraint, and when they lose it, watch out.

– Michael Burry

Matt Taibbi

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

Mark Zandi

The average credit score of today’s FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow.

– Mark Zandi

Mark Zandi

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower’s credit score?

– Mark Zandi

Lisa Madigan

Navient/Sallie Mae treated student loan borrowers unfairly from start to finish.

– Lisa Madigan

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