All Mark Zandi Quotes
- 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
- The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control. Biggest
- The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed… Almost Half
- It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the wrongs… Believe
- Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates… Allow