A Quote by George Osborne
We have to be pretty tough with mortgage companies and say you have got to give people the chance to work out their debts, sort out future mortgages.
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The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they write. They should have what they call "skin in the game," where they've got to reimburse us if the guy who sold the mortgage defaults.
We are pretty tough in saying for example if you've got unsecured debts and less than £25,000 that should not be an excuse for repossessing someone's home.That should not be allowed.You have got to help manage people through this process. I don't want to pretend that it is going to be easy getting out of Gordon Brown's hole.
In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds of billions of dollars of mortgages, because of the losses they took on the mortgages, they essentially became insolvent, and the government had to take them over.
NewSpace companies are staffed by young, new leaders who worship the giants who got us here, such as the recently passed Neil Armstrong, and are eager to work with NASA to do great things together - but we have to both give them a chance and get out of the way.
So let's say you realize that you are never going to be a 9 a.m. to 5 p.m. person. You're not cut out for that sort of typical work environment. The benefit might be that if you embrace that and say I need to be self-employed or I need to be doing more project-oriented work. Identify the benefits - I'd be more productive. I'd be happier. The people around me would be happier because my mood would be better. When you identify the benefits of accepting the behavior or habit, you actually give leverage to it and give yourself a better chance of sticking with it.
We can help people. We have got to move this economy from its over-dependence on debt. People should have manageable debts, a manageable mortgage.
We lived in a ghetto. I could have pretended I was hard or tough and not a square. I wound up not getting in trouble. I don't consider myself to be especially wise, but I will say that it's pretty clear that some people want to get out and some people don't. I wanted out.
If I had a row with my husband, it's not going to work my saying, 'Right, if you don't do what I want, I'm going to walk out.' It doesn't work on any level. What you do is you go in and you say, 'I have a problem. You have a problem. Let's try and sort this out together.' You don't come to an agreement with people who you're falling out with badly.
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.
The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard
A lot of writers don't know what it feels like to get on stage. They don't understand the weight that songs can carry. I got a chance to play all these shows. I got a chance to define myself through music, so when it comes to helping other people figure out what they should say, I've been through it.
You know, I used to say that it's really tough to get out of the top 100, you know? So I proved to everybody that it's not so tough, it's pretty easy.
I knew the men were probably terrible people who whistled at pretty girls, treated their wives like servants, and voted for Nixon every chance they got, but as far as I was concerned, they beat the hell out of a Volvo-load of liberals for hard work and good times.
In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.
I'm a pretty deep guy. I'm not a tough guy at all. People think I give this persona that I'm thick-skinned, but I'm not and when I'm writing songs, that comes out.
The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.
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