Loan Quotes
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Both HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued.
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Very few people know that my department is responsible for 1.2 million home loans since I have been secretary. That's 1.2 million families that are living in homes in rural America that would never have homeownership, but for the United States Department of Agriculture's programs. We have to do more of educating people about the partnership that does exist between rural America and their government.
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If, every day, I dare to remember that I am here on loan, that this house, this hillside, these minutes are all leased to me, not given, I will never despair.
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If one considered life as a simple loan, one would perhaps be less exacting. We possess actually nothing; everything goes through us.
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For a while, you could decide when you loan the player out whether he plays against you or not, and I always decided that he could play against us. But I must say I didn't get any protection from the media because when the player I loaned out scored against us, it's 'aaahhh, look at him, stupid...'
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Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.
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If you owe too much on American Express, and your Diner's Club c are too hard, take a loan on your Visa, and pay it off with your MasterCard!
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Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.
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Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
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The God who loans you life sees your every move, hears each word you speak, knows your every thought. You are seen by God. Noticed. Known.
