Administration Quote by Mark Zandi

President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the…

— Glenn Hubbard

[Obama White House] rescued the economy from the worst recession.

— Rahm Emanuel

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…

— Mark Zandi

Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count…

— Mark Skousen

“The Fed’s fingerprints were all over this boom, and not just because of Greenspan’s low interest rates. In 1993, in response to initiatives by…

— Danielle DiMartino Booth

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere,…

— Glenn Hubbard

Obama's primary constituency was financial institutions. They were the core of the funding for his campaign. They expect to be paid back. And they…

— Noam Chomsky

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

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to…

— Thomas Sowell

“Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers…

— Max H. Bazerman

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…

— Mark Zandi

Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit…

— Rush Limbaugh