A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.benjamin graham
During my tenure of power, myearnest wish has beento impress the people of this country with a belief that the legislature was animated bya sincere desire to frame its legislation upon the principles of equity and justice? Deprive me of power tomorrow, but you can never deprive me of the consciousness that I have exercised the powers committed to me from no corrupt or interested motives, from no desire to gratifyambition, or to attain any personal object.
It must not be forgotten that the rules of Courts of equity are not, like the rules of the common law, supposed to have been established from time immemorial. It is perfectly well known that they have been established from time to time — altered, improved, and refined from time to time. In many cases we know the names of the Chancellors who invented them.george jessel
An act against the Constitution is void; an act against natural equity is void.james otis
Courts of equity have always considered it of the greatest possible importance that parties should not sleep on their rights.romilly, john, 1st baron romilly
The well understood equity as well as interest of society demand that we work on much more to prevent crime and offenses than to punish them.african spir
Very happily, the more the law is looked into, the more it appears founded in equity, reason, and good sense.
What is ridiculous and absurd never is, to my mind, to be adopted either in law or in equity.
I do not think that Courts of equity ought to go otherwise than the Courts of law.
It is true that Courts of equity, in administering justice, sometimes go further than the Courts of law.
I do not pretend to dispense equity at large, but only by the consent of the parties, upon a rule of Court.
Courts of equity have always considered it of the greatest possible importance that parties should not sleep on their rights.
We ought not to interpose in a matter which seems peculiarly to belong to the jurisdiction of a Court of equity.
A man must come into a Court of equity with clean hands.
When any one comes into a Court of equity to ask that which would not be granted in a Court of law, that person must come into Court with clean hands.
The strict primary decree of this Court, as a Court of equity, is in personam.
Where the law is known, and clear, though it be inequitable and inconvenient, the Judges must determine as the law is, without regarding the unequitableness or inconveniency, but where the law is doubtful and not clear, the Judges ought to interpret the law to be as is most consonant to equity, and least inconvenient.
Raleigh: Oh my lord, you may use equity. Popham, C.J.:;: That is from the King; you are to have justice from us.
No tort is assignable, in law or equity. It is not within any species of action at common law.
equity is a roguish thing. For Law we have a measure, know what to trust to; equity is according to the conscience of him that is Chancellor, and as that is larger or narrower, so is equity. 'T is all one as if they should make the standard for the measure we call a "foot" a Chancellor's foot; what an uncertain measure would this be! One Chancellor has a long foot, another a short foot, a third an indifferent foot. 'T is the same thing in the Chancellor's conscience.john selden
equity knows no difference of sex. In its vocabulary the word man must be understood in a generic, and not in a specific sense.Herbert Spencer
For the Lawes of Nature (as Justice , equity , Modesty , Mercy , and (in summe) doing to others , as wee would be done to ,) of themselves, without the terrour of some Power, to cause them to be observed, are contrary to our naturall Passions, that carry us to Partiality, Pride, Revenge, and the like. And Covenants, without the Sword, are but Words, and of no strength to secure a man at all.thomas hobbes
Though departing from the Truth as it is in Jesus, through introducing Ways of Life attended with unnecessary Expences, many Wants have arisen, the Minds of People have been employ'd in studying to get Wealth, and in this Pursuit, some departing from equity, have retain'd a Profession of Religion; others have look'd at their Example, and thereby been stengthen'd to proceed further in the same Way: Thus many having encourag'd the Trade of taking Men from Africa and selling them as Slaves.
Freedom of Speech is ever the Symptom, as well as the Effect of a good Government. In old Rome, all was left to the Judgment and Pleasure of the People, who examined the publick Proceedings with such Discretion, & censured those who administred them with such equity and Mildness, that in the space of Three Hundred Years, not five publick Ministers suffered unjustly. Indeed whenever the Commons proceeded to Violence, the great Ones had been the Agressors.
He has been emphatically called 'the father of equity.'"
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