Charles Duhigg Quotes

Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.

Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.

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.

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.

I started in the supermarket business in the early '70s. And by '75, '76, I realized you don't have a business unless you own the real estate.

I've leased the apartment; my partner is going to come out here. But we're keeping our house in Chicago because real estate is a really good investment and also because it is just crammed with full of stuff!

Buy land, they're not making it anymore.

When I was four years old, my mother owned some tenements in the Bronx.

Every loan that we did in the City of Detroit in the 10 years they studied - between 2005 and 2014 - were conventional FHA, VA loans with average interest rates of 6%.

I love the whole of California, I have places... my whole thing is with all the money I make, I just want to buy as many places in California as I can because I love it.

Everyone wants a piece of land. It's the only sure investment. It can never depreciate like a car or a washing machine. Land will double its value in ten years. In less than that. Land is going up every day.

Work a lifetime to pay off a house You finally own it and there's nobody to live in it.

Realty exists only through experience, and it must be personal experience.

When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

Most women are more into real estate than sex. They want to own you.

If finding an apartment is like falling in love, buying one is like proposing on your first date and agreeing not to see each other until the wedding.

These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.

I was pretty young when I bought my first place, and at that time didn't really view it as an investment. After living there for a few years I decided to move out of London, so I decided to rent it out for a few years. Then, as the property market continued to rise, I made the decision to sell.

A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.

I want to buy a house. I want to retire well. I want to have baby.

The people of America are a people of property; almost every man is a freeholder.

[Property] embraces everything to which a man may attach a value and have a right.

Owning a property is great as that's my base and the centre of my family life.

A skyscraper is a machine that makes the land pay.