Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.
And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those ...
The secret of high finance...if you really need a loan, you won't qualify. And if you don't need a loan, all the lenders will line up to give you money.
The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Sta...
Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs.
The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off t...
Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves maki...
What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, the...
My life is on loan, like money borrowed from a bank. God is the lender, and He retains the right to call in the loan any time. Though I am responsible for taking care of it, I do not own this life; it is borrowed. Why should I fear its loss or the lo...
How simple love would be, Younger Brother, if we only had to bestow it on those who deserved it. Yet what would it be worth? If you gave a poor man a silver coin then that would be a gift. If you expected him to pay you back, then that would make it ...
George Bailey: [the staff celebrates closing the building and loan company with only two dollars remaining, to stay in business] Get a tray for these two great big important simoleans here. Uncle Billy: We'll save 'em for seed. George Bailey: A toast...
Rising student-loan debt is an economic emergency.
Where micro-finance focuses on small loans to individual, low-income women, think of Acumen Fund more like a venture capital fund.
I had loans in law school.
We are all out-on-loan to one another by God". ~ R. Alan Woods [2012]
It's easy to get a loan unless you need it.
Everything was temporary; she understood that now. All of this was temporary. It would all be snatched away. It was all on loan. Even the people we love. They were all on loan. One day you see their face across a rickety table or you pass them hurryi...
it was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans. 'Innovation', said Greenspan in April 2005, 'ha...
You, you buy into all this stuff about good guys and bad guys in the world. A loan shark breaks a guy's leg for not paying his debt, a banker throws a guy out of his home for the same reason, and you think there's a difference, like the banker's just...
If you were shopping for a father, you'd have to take out a serious loan to afford mine. He's the best.
We don't want to give a business that is not going to come through the troubled waters a loan that they can't pay back.
