37 Quotes by Douglas Duncan

Companies are losing money to keep market share. The consumer is being subsidized because the competition is so fierce. For the short run, the consumer is getting a better deal.

They know it won't be long before the limit will go up. They start making the loans on the assumption that the limit will be increased because home prices have been rising.

Supply will grow less rapidly than demand and that will support housing prices.

In our industry, the fuel surcharge is designed to manage normal supply-and-demand market forces of fuel, not temporary spikes caused by disasters.

I am not aware that it has occurred before. At the end of the day, everyone hopes all the borrowers will be able to return to a home and meet their mortgage payments on time and be re-established in their housing.

I am not aware that it has occurred before,

You won't see any serious slowing unless rates jumped to 8 percent, in which case I'd expect a 10 percent decline in values,

The economy is rebalancing. This year, only about 13 percent of job growth has been in housing.

The effects of Hurricane Katrina in Louisiana and Mississippi are reflected in the overall level of national delinquencies.