A Quote by Charles Duhigg

In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement.

Charles Duhigg

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Borrowers Improved Lives Many Money Needed Provided Retirement Reverse Say Surveys

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Charles Duhigg
American - Journalist
Born: 1974

Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.

Charles Duhigg

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

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

Always remember, money is a servant; you are the master. Be very careful not to reverse that equation, because many people of high intelligence have already done so, to their great detriments. Unfortunately, many of these poor souls loved money and used people, which violated one of the most basic laws governing true financial success. You should always love people and use money, rather than the reverse!

Bob Proctor

The current institutionally provided retirement plans will not cover people's needs upon retirement.

Scott Cook

The benefits provided by worker participation are twofold. Quality is improved because of the finding and fixing of a very large number of problems, but also, and perhaps equally important, moral is improved.

George E. P. Box

Great Britain provided time; the United States provided money and Soviet Russia provided blood.

Joseph Stalin

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

Charles Duhigg

I say 20 words in English. I say money, money, money, and I say hot dog! I say yes, no and I say money, money, money and I say turkey sandwich and I say grape juice.

Carmen Miranda

We reward people for making money off money, and moving money around and dividing up mortgages a thousand times over, selling it to China... and it becomes this shell game.

Michael Moore

When people have real faith in something, it's fascinating to me. And the fact that so many people, in surveys, so many people say they do. It kind of blows my mind.

Conor Oberst

To me, the New Jersey law enforcement community, and many other Americans, one of the biggest impediments to improved relations between the United States and Cuba is the continued safe haven provided to the fugitive, Joanne Chesimard.

Rodney Frelinghuysen

Take the whole range of imaginative literature, and we are all wholesale borrowers. In every matter that relates to invention, to use, or beauty or form, we are borrowers.

Wendell Phillips

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

With 'The Last Picture Show,' Peter Bogdanovich brought the script to the company that made it. They liked it, and they gave him the money he needed to make the film. He cast it with the actors that he thought were right for the parts. Now, it's the reverse.

Ellen Burstyn

I'm always fascinated when people really fervently believe, because I have such a hard time believing anything. When people have real faith in something, it's fascinating to me. And the fact that so many people, in surveys, so many people say they do. It kind of blows my mind.

Conor Oberst

A Quote by Charles Duhigg

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