Mark Zandi Quotes

44 quotes in 800 categories

• We need to get rid of the debt ceiling law. It's anachronistic and it's a problem. Anachronistic
• They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny. Ago
• The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive. Aggressive
• The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although… Been
• I'm a registered Democrat. Democrat
• Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. Discounts
• Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the… Across
• In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The… Affordability
• Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early… Amortize
• Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate.… Appreciate
• It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the… Action
• It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as… Business
• Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment?… Angle
• 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 difficult… American
• The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those… Annual
• The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will… Currently
• The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could… Administration
• 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 significantly… Advantage
• 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.… Among
• 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 followed.… Bad

Browse Mark Zandi Quotes by Category