Best Foreclosure Quotes | Short & Famous Sayings

“Here are the top three warning signs [you're at risk of foreclosure]: * You used to think nobody cared when your phone rarely rang. Then you missed a couple of house payments. * You're glad gas prices have fallen so you can afford it if you have to move into your car. * You're ready to say, "Let's make a deal" and trade your upside-down house for whatever's behind Door #3.”

Upside Down Underwater Housing Crisis Foreclosure Mortgage Crisis

Book:Cash Cow Casa: 51 Ways to Make Your House Pay YOU

Source: Cash Cow Casa: 51 Ways to Make Your House Pay YOU

“It was during my explanation to my young daughter that I finally realized why I had been drawn to this particular practice of law. Yes, some of my clients were just gaming the system. They were charlatans no better than the banks they were taking on. But some of mu clients were downtrodden and disadvantaged. They were true underdogs in society and I wanted to stand for them and keep them in their homes for as long as I possibly could.”

Law Lawyer Mortgage Bank Underprivileged Foreclosure Practice Of Law Mortgage Loans

Book:The Fifth Witness

Source: The Fifth Witness

“Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.”

Highest Rate Hardest Unemployment Recessions Bankruptcy Nevada Foreclosure

Author:Brian Sandoval

“Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.”

Years Three Born Five Crisis Dues Significant Maturity Five Years Bullets Loan Mortgage Great Depression 1930s Foreclosure Dodging Bullets

Author:Mark Zandi

“The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses.”

Fall House Share Keys Percent Sells Property Housing Foreclosure Housing Market House Prices

Author:Mark Zandi

“I didn't know anything until December 2004 when I went to purchase a vehicle and was told there was a foreclosure on my credit and I wouldn't be able to get the car. I've still got a red flag on my credit.”

Knows Stills Able Car Red Credit Flags Vehicle December Red Flags Foreclosure

Author:Claude Brown

“We want the accursed foreclosure system wiped out.... We will stand by our homes and stay by our firesides by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.”

Ifs Want Home Government Force Pay Company Debt Loan Sharks Foreclosure

Author:Mary Elizabeth Lease

“Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.”

“A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.”

Needs Years Home Levels Built Majority Significant Despite Decline Equity Housing Triggers Mortgage Withdrawal Homeowners Foreclosure Home Equity

Author:Alan Greenspan

“I want to talk about jobs, the economy, foreclosures. I want to talk about energy prices.”

Want Jobs Energy Economy Foreclosure

Author:Dean Heller

“Trapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.”

“People want what they want. And I guess that is a reason we have this big credit card problem and a lot of these foreclosures.”

People Want Reason Problem Bigs Credit Cards Credit Card Foreclosure

Author:Chris Rock

“Trying to avert foreclosures, once you can't just force the banks to do it as a condition of getting aid, means that you have to put some public money into it or you have to do other things that are politically unpopular. From the macroeconomic standpoint there is overwhelming need to help people reduce what they owe so that we don't get the foreclosures and we don't get people kicked out of their homes. On the other hand, there is great resistance politically to helping people, not all of whom would be worth recipients of the help.”

People Needs Trying Mean Helping Home Hands Would Be Force Conditions Aids Resistance Overwhelming Helping People Standpoint Avert Macroeconomics Public Money Foreclosure

Author:Barney Frank

“After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.”

Government Practice Changed Institutions Financial Tunes Massive Frank Collapse Intervention Mortgage Default Congressman Lending Financial Institutions Government Intervention Foreclosure

Book:Dismantling America and Other Controversial Essays (Large Print 16pt)

Source: Dismantling America and Other Controversial Essays (Large Print 16pt)

“A foreclosure does not define you financially.”

Doe Define You Foreclosure

Author:Michelle Singletary

“African Americans, in particular, saw their cumulative wealth crash. They used to have 10 cents on the dollar of the average white family. That 10 cents on the dollar that the African American family used to have crashed down to 5 cents on the dollar, given the focus of predatory lending on the African American community and the degree to which they were really devastated by the foreclosure crisis. So yeah, I think there is a lot of disappointment out there.”

“Today's misery is real unemployment, home foreclosures and bankruptcies. This is the Obama Misery Index - and it's at a record high. It's going to take more than new rhetoric to put Americans back to work - it's going to take a new president.”

Real Home Today President Records Misery Rhetoric Unemployment Bankruptcy Back To Work Foreclosure

Author:Mitt Romney

“Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.”

Helping Government Jobs Spending Cures Unemployment Bankruptcy Government Spending Foreclosure

Author:Brian Sandoval

“The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.”

Giving Shows Culture Courses Stuff Moral Violence Capitalism Concerned Crisis Greed Financial Ideology Supposed To Be Nightmare Angle Giving In Futuristic Foreclosure

Author:Matt Taibbi

“The Great Depression was going on, so that the station and the streets teemed with homeless people, just as they do today. The newspapers were full of stories of worker layoffs and farm foreclosures and bank failures, just as they are today. All that has changed, in my opinion, is that, thanks to television, we can hide a Great Depression. We may even be hiding a Third World War.”

Source: Bluebeard: A Novel

“The newest victims of the nation's foreclosure crisis are pets, which is extremely distressing to me.”

Nations Crisis Victim Pet Distressing Foreclosure

Author:Margaret Cho

“Don't try to stop the foreclosure process. Let it run its course and hit the bottom.”

Trying Running Courses Process Crazy Bottom Conservative Values Foreclosure

Author:Mitt Romney

“Giving debt relief to people that really need it, that's what foreclosure is.”

People Needs Giving Debt Relief Foreclosure

Author:J. P. Morgan

“While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.”

Years Rising Housing Cripples Delinquency Foreclosure Housing Market

Author:Ben Bernanke

“President Obama's re-election campaign said that this year they'll knock on 150 percent more doors than they did in 2008. Well, of course they will. They have to. There's so many foreclosures it's tough to tell where people live.”

People Years Wells Said Courses President Doors Percent Tough Election Campaigns President Obama Foreclosure

Author:Jay Leno

“Your heavenly home was bought for a price, and that payment results in a title deed that can never be lost through foreclosure.”

Home Lost Results Deeds Titles Heavenly Payment Turning Points Foreclosure Heavenly Home

Author:David Jeremiah

“Well, actually, if you can stay in your home that is a better deal for the neighborhood. It's certainly a better deal for the person that is in their home, rather than to be on the street and for that house to go into foreclosure and become a problem for the whole community.”

Ifs Wells Persons Whole Problem Home House Community Deals Streets Neighborhood Foreclosure

Author:John Garamendi

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