There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real… — Mark Zandi Copy Share Image
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say. — Mark Zandi Copy Share Image
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes… — Mark Zandi Copy Share Image
It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the… — Mark Zandi Copy Share Image
No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your… — Mark Zandi Copy Share Image
We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and… — Mark Zandi Copy Share Image
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly. — Mark Zandi Copy Share Image
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife. — Mark Zandi Copy Share Image
Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax… — Mark Zandi Copy Share Image
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the… — Mark Zandi Copy Share Image
There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and… — Mark Zandi Copy Share Image
The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and… — Mark Zandi Copy Share Image
An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy. — Mark Zandi Copy Share Image
Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that… — Mark Zandi Copy Share Image
Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. — Mark Zandi Copy Share Image
