A Quote by Eli Broad

I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.

Eli Broad

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Another Bankruptcy Being Corporations Debt Enterprise Go Loan Now Other Out Owner Than Things Think Work

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Eli Broad
American - Businessman
Born: June 6, 1933

Now, suppose that a homeowner puts down only 3% of their own money or 3.5% for the FHA. That means if prices go down by only 3%, the house will be in negative equity and it would pay the homeowner just to walk away and say, "The house now is worth less than the mortgage I owe. I think I'm just going to move out and buy a cheaper house." So it's very risky when you have only a 3% or 3.5% equity for the loan. The bank really isn't left with much cushion as collateral.

Michael Hudson

In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community.

Henry Paulson

I can't stand those shows that come in and make things over and leave the homeowner with a mess to fix afterwards. Not my style!

Bobby Berk

I buck the trend: I eat avocados on a Sunday morning and I'm a homeowner.

Russell Howard

I've fixed the toilet. And I've been crawling in claustrophobic places... you have to deal with that when you become a homeowner.

J. B. Pritzker

I think that every homeowner has a fascination with real estate. You can't deny that it's such a huge player in our finances. It's probably the most expensive thing you'll ever purchase, so you're forced to pay attention.

Scott McGillivray

If God did not intend the cat to live happily with humankind, why is there a meow in the middle of the word 'hoMEOWner'?

Leonore Fleischer

What advice would I give the average homeowner to protect himself against burglars? Well, the first thing is to keep a light on in the house when you go out. It must be at least a sixty-watt bulb; anything less and the burglar will ransack the house, out of contempt for the wattage.

Woody Allen

Your FICO score is an "I love debt" score. You're going to pay a bazillion dollars in interest to keep your FICO score up in order to have lower homeowner's and car insurance rates.

Dave Ramsey

When I'm doing kitchen planning as well as bathroom design, I try to walk through the day with the homeowner. If we're talking about a kitchen, it will be: So, we are walking in with the groceries. When we are taking them out of the car, where will they go? What is the distance to fridge, to pantry?

Candice Olson

My mum was very supportive, and I don't really understand why when I think of her humble beginnings. She grew up in one room with my grandma, my grand-dad and her siblings and a fire-pit outside to cook on. Now she's a homeowner in Manchester and has a business.

Wunmi Mosaku

My bank account has let me know that I'm a homeowner. Trust me.

Michael Ealy

No one is a plain white room. I hate going into a home that is done to the nines but has nothing do with the homeowner - no knickknacks, no art that has anything to say about the person who lives there.

Bryan Batt

In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break.

Mark Zandi

My parents got married late and they had kids late, so I never felt a social or cultural thing to be married or pregnant or a homeowner by a certain age.

Anna Kendrick

Regarding local residents attempting to ban sex shops from their neighborhoods: You show me a parent who says he's worried about his child's innocence and I'll show you a homeowner trying to maintain equity.

George Carlin

A Quote by Eli Broad

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