4 Total Quotes

Allen Fishbein Quotes

We're glad to see the agencies address this issue because the switch to higher risk mortgage lending has been quite dramatic. A mortgage is not just about consumers being able to buy a home but being able to actually stay in the home that they purchased.
Allen Fishbein
#Risk

There are very vulnerable groups out there. We found many consumers severely underestimated what their payments would be when they adjusted. Some didn't even know how to calculate what their payments would amount to.
Allen Fishbein
#Consumers

A lot of borrowers don't understand the risks. There's a danger in treating a mortgage like a credit card.
Allen Fishbein
#Danger

There could be a series of payment shocks.
Allen Fishbein
#Payment