Lenders Quotes

• When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.

  Bill Gross

  Running, Real, Risk

  "Credit Supernova!" by Bill Gross, www.pimco.com. February 2013.

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• Debt is a mistake between lender and borrower, and both should suffer.

  Nassim Nicholas Taleb

  Mistake, Suffering, Debt

  "We still have the same disease". Interview with Margaret Wente, www.theglobeandmail.com. September 13, 2009.

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• 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

  Watches, Restraint, Shows

  "Essential reading for science writers: The Big Short by Michael Lewis" by Mark Henderson, www.theguardian.com. April 17, 2012.

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• When money is free, the rational lender will keep on lending until there is no one else to lend to.

  George Soros

  Investing, Lending, Rational

  George Soros (2008). “The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means”, p.15, PublicAffairs

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• Debt is always repaid, either by the borrower or by the lender.

  James Grant

  Investing, Debt, Borrowers

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• Neither a borrower nor a lender be.

  William Shakespeare

  Inspiration, Philosophical, Borrowers

  'Hamlet' (1601) act 1, sc. 3, l. 58

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• 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

  Law, Justice, Enforcement

  "Congress Targets Mortgage Fraud: Justice for Victims, Jail for the Guilty". Tri-State Defender, February 12, 2009.

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• 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

  Average, Credit, Today

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

  Bill Gross

  Return, Equity, Expenses

  "In His Best Letter In A Long Time, Bill Gross Explains Why Stocks Are Going To Be Horrible Investments" by Joe Weisenthal, www.businessinsider.com. July 31, 2012.

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• It is better to be a lender than a spender.

  Jim Rohn

  FaceBook post by Jim Rohn from May 01, 2017

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• American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

  Alan Greenspan

  Alternatives, Benefits, Might

  "CNN Special Investigations Unit", transcripts.cnn.com. March 29, 2008.

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• I would question any fee. Let them know you're comparison shopping among several lenders.

  David Douglas Duncan

  Shopping, Fees, Knows

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• 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

  Jobs, Doe, Income

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• Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.

  Barbara Ehrenreich

  Taken, Sharks, Roles

  "Preying on the Poor". www.tomdispatch.com. May 17, 2012.

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• A money-lender--he serves you in the present tense; he lends you in the conditional mood; keeps you in the conjunctive; and ruins you in the future.

  Joseph Addison

  Ruins, Mood, Tense

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• Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.

  Jeffrey Gundlach

  Running, Country, Long

  "GUNDLACH: Anyone Who Says Interest Rates Will Rise Soon Is 'Absolutely Wrong'" by Lance Roberts, www.businessinsider.com. May 3, 2013.

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• For too long, Americans have fallen victim to financial abuses at the hands of predatory lenders that operate in the shadows.

  Kay Hagan

  Hands, Long, Abuse

  "Don’t Filibuster Cordray" by Kay R. Hagan, www.huffingtonpost.com. December 8, 2011.

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• We see the Jew, then, in business, as promoter, money-lender, salesman par excellence, the author and chief instigator of a system of credit by which a nation-wide usury rises like a Golem (a created monster) with a million hands on a million throats, to choke the honor and the freedom-of-movement of a hard-working people.

  Samuel Roth

  Hard Work, Hands, People

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• 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

  Country, World, Might

  Paul Craig Roberts (2010). “How the Economy was Lost: The War of the Worlds”, p.1976, AK Press

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• Keep thy foot out of brothels, thy hand out of plackets, thy pen from lender's books, and defy the foul fiend.

  William Shakespeare

  Book, Hands, Feet

  'King Lear' (1605-6) act 3, sc. 4, l. [96]

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• Irrational lenders come and go - mostly they go!

  John G. Stumpf

  Banking, Irrational, Comes And Goes

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• Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.

  Joseph Stiglitz

  Government Intervention, Debt, Behavior

  Source: www.progressive.org

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• Ninety percent of the students take the 'preferred lender.' Why? Because that's the nature of the relationship. You trust the school. The school is in a position of authority.

  Andrew Cuomo

  School, Students, Authority

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• The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.

  Nouriel Roubini

  Stress, Littles, Bankers

  "Not so much bail-out as rip-off". www.theguardian.com. September 29, 2008.

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• Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.

  William Shakespeare

  Friendship, Money, Important

  'Hamlet' (1601) act 1, sc. 3, l. 58

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