Mortgage Bank - History

History

The market share for mortgage banks of single family mortgage loans went from 20% in 1980 to over 41% in 1991 during the Savings and Loan Crisis.

Read more about this topic:  Mortgage Bank

Famous quotes containing the word history:

    “No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.”
    —Gilbert Keith Chesterton (1874–1936)

    “To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.”
    —Thomas Jefferson (1743–1826)