Lenders One Quotes & Sayings

A government offering such bounty to builders and lenders could have required compliance with a nondiscrimination policy. Instead, the FHA adopted a racial policy that could well have been culled from the Nuremberg laws. — Charles Abrams

Now there was great rejoicing at the rumor of Alderic's quest, for all folk knew that he was a cautious man, and they deemed that he would succeed and enrich the world, and they rubbed their hands in the cities at the thought of largesse; and there was joy among all men in Alderic's country, except perchance among the lenders of money, who feared they would soon be paid. And there was rejoicing also because men hoped that when the Gibbelins were robbed of their hoard, they would shatter their high-built bridge and break the golden chains that bound them to the world, and drift back, they and their tower, to the moon, from which they had come and to which they rightly belonged. There was little love for the Gibbelins, though all men envied their hoard.
("The Hoard Of The Gibbelins") — Lord Dunsany

Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow ... Even without corruption, it is easy to be influenced by Western businessmen and financiers ... Countries that aren't sure that borrowing is worth the rist are told how important it is to establis a credit rating: borrow even if you really don't need the money. — Joseph E. Stiglitz

Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans. — Charles Duhigg

How can HOW help us repair our faltering global economy?
Only by getting our "hows" right can we ensure that we are sustainable. This can only be achieved when we are rooted in, and inspired by, sustainable values. The global economic meltdown supplied a perfect, but painful, example of how sustainability cannot be guided by situational values. The economic crash occurred because too many financial companies became disconnected from fundamental values and long-term sustainable thinking. Instead of nurturing sustainable collaborations, banks, lenders, borrowers and shareholders pursued short-term relationships founded on situational values. More than ever we need to get out of this cycle of crises and build long-term success and deep human connections so that we achieve enduring significance in today's globally interconnected world. — Dov Seidman

Some people think the Federal Reserve Banks are US government institutions. They are not ... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will. — Louis Thomas McFadden

The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges the rights of investors and lenders, those of people being incidental. In accord with this usage, those who favor a different form of international integration, which privileges the rights of human beings, become "anti-globalist." This is simply vulgar propaganda, like the term "anti-Soviet" used by the most disgusting commissars to refer to dissidents. It is not only vulgar, but idiotic. — Noam Chomsky

Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates. — Bill Dedman

By the time most people file for bankruptcy, their credit is already trashed, they have a high debt-to-income ratio - a key indicator lenders look at - and they've likely defaulted on more than a few accounts. — Jean Chatzky

The "evils of faction" theme recurs throughout our history, from the writings of the "muckrakers" at the turn of the twentieth century to the Democratic presidential primary campaigns of 2008 with talk of Halliburton's contracts in Iraq and the shady practices of sub-prime mortgage lenders. — Edward S. Greenberg

The instability of a white neighborhood under pressure from the very possibility of integration put the neighborhood into a kind of real estate purgatory. It set off a downward cycle of anticipation, in which worried whites no longer bought homes in white neighborhoods that might one day attract colored residents even if none lived there at the time. Rents and purchase prices were dropped "in a futile attempt to attract white residents," as Hirsch put it. With prices falling and the neighborhood's future uncertain, lenders refused to grant mortgages or made them more difficult to obtain. Panicked whites sold at low prices to salvage what equity they had left, giving the homeowners who remained little incentive to invest any further to keep up or improve their properties. — Isabel Wilkerson

Irrational lenders come and go - mostly they go! — John G. Stumpf

In money-lenders' capital the form M-C-M is reduced to the two extremes without a mean, M-M , money exchanged for more money, a form that is incompatible with the nature of money, and therefore remains inexplicable from the standpoint of the circulation of commodities. Hence Aristotle: since chrematistic is a double science, one part belonging to commerce, the other to economic, the latter being necessary and praiseworthy, the former based on circulation and with justice disapproved (for it is not based on Nature, but on mutual cheating), therefore the usurer is most rightly hated, because money itself is the source of his gain, and is not used for the purposes for which it was invented. — Karl Marx

I would question any fee. Let them know you're comparison shopping among several lenders. — David Douglas Duncan

It is assumed that when anyone gets into debt, the fault is entirely and always the fault of the lender. — Bernard Levin

The Pentagon got fed up with its recruits getting ripped off by payday lenders and in 2007 got Congress to make it illegal to extend such loans to members of the military. But civilians remain fair game. — Timothy Noah

Debt is always repaid, either by the borrower or by the lender. — James Grant

Serious businesses and lenders will tell you that managing your cash flow is one of the most important aspects in the health of any business. Managing you time flow is key to a healthy and successful life, because, Time is equal to Life. The quality of time expenditure is in direct proportion to the quality of life enjoyed. — Archibald Marwizi

He became the largest individual hog farmer in the North. And, in order not to be victimized by meat packers, he bought controlling interest in an Indianapolis slaughterhouse. In order not to be victimized by steel suppliers, he bought controlling interest in a steel company in Pittsburgh. In order not to be victimized by coal suppliers, he bought controlling interest in several mines. In order not to be victimized by money lenders, he founded a bank. — Kurt Vonnegut

One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis. — Jamie Dimon

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

It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions — Ben Bernanke

When the government runs out of lenders, it can do something that households are forbidden to do: print money. — P. J. O'Rourke

In Chicago and across the country, whites looking to achieve the American dream could rely on a legitimate credit system backed by the government. Blacks were herded into the sights of unscrupulous lenders who took them for money and for sport. — Ta-Nehisi Coates

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

No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders. — Gary Weiss

The Rothschilds, and that class of money-lenders of whom they are the representatives and agents - men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest - stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved. — Lysander Spooner

We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care. — Warren Buffett

Unfortunately, throughout the housing crisis we've seen innocent homeowners who have been victims of shady mortgage lenders and unscrupulous individuals who have used a down market to line their own pockets at the expense of others. This bill is designed to send a message by revising our laws to ensure criminals are brought to justice and that law enforcement has the tools to uncover these fraudulent schemes and go after the bad actors. Criminals should be put on notice that ripping off homeowners and taxpayers won't be tolerated. — Chuck Grassley

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad. — Mary Kissel

First of all, these lenders are not babies. These are total killers. These are not the nice, sweet little people you think. You're living in a world of make-believe. — Donald Trump

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities. — Alan Greenspan

The US is not a superpower. The US is a financially dependent country that foreign lenders can close down at will. Washington still hasn't learned this. American hubris can lead the administration and Congress into a bailout solution that the rest of the world, which has to finance it, might not accept. — Paul Craig Roberts

It is better to be a lender than a spender. — Jim Rohn

Great spenders are bad lenders. — Benjamin Franklin

EDGAR
A serving-man, proud in heart and mind; that curled
my hair; wore gloves in my cap; served the lust of
my mistress' heart, and did the act of darkness with
her; swore as many oaths as I spake words, and
broke them in the sweet face of heaven: one that
slept in the contriving of lust, and waked to do it:
wine loved I deeply, dice dearly: and in woman
out-paramoured the Turk: false of heart, light of
ear, bloody of hand; hog in sloth, fox in stealth,
wolf in greediness, dog in madness, lion in prey.
Let not the creaking of shoes nor the rustling of
silks betray thy poor heart to woman: keep thy foot
out of brothels, thy hand out of plackets, thy pen
from lenders' books, and defy the foul fiend.
Still through the hawthorn blows the cold wind:
Says suum, mun, ha, no, nonny.
Dolphin my boy, my boy, sessa! let him trot by.
Storm still. — William Shakespeare

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

They could call Jesus a terrorist too. I mean, he was pretty tough on money lenders a time or two. — Ramsey Clark

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

Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers and lenders is one example. The Clinton administration "went to ridiculous lengths" to increase homeownership in the United State, promoting "paper-thin down payments" and pushing lenders to give mortgage loans to unqualified buyers according to Business Week editor Peter Coy. — Max H. Bazerman

Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates. — Ben Bernanke

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders. — Bill Gross