"Too-easy credit and millions of bad loans made……" — Mark Zandi
"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. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy."
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Mark Zandi
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44 Quotes by Mark Zandi
Mark Zandi has 44 quotes on this site.
A few more worth reading:
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No one should expect the value of their house to appreciate quickly - counting on your home to be a…
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There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.
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Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.
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A home is still the biggest asset that most Americans own.
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In a normal time, I don't think economic policy makes a large difference one way or another. But in times…
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Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch…
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I've done work for both Democrats and Republicans.
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I only have two things in my life, my family and work. If there's any time left over, then I…
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A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction…
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Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's…
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The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
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The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements -…
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More Bad Quotes
This quote is filed under Bad Quotes,
one of 14,431 quotes in that category. Here are a few more:
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I went through a phase where I thought nostalgia was a bad thing.
— Dario Argento
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Characteristics of a popular politician: a horrible voice, bad breeding, and a vulgar manner.
— Aristophanes
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Bad men are full of repentance.
— Aristotle
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It is the role of good journalism to take on powerful abusers, and when powerful abusers are taken on, there's…
— Julian Assange
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Bad things are not the worst things that can happen to us. Nothing is the worst thing that can happen…
— Richard Bach
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I would not suggest the U.S. should sit down with the North Koreans bilaterally immediately after they've fired missiles -…
— Richard Armitage
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There are some forms of religion that are bad, just as there's bad cooking or bad art or bad sex,…
— Karen Armstrong
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If my forgeries looked as bad as the CBS documents, it would have been 'Catch Me In Two Days'.
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People that go through what I went through and people going through divorce, it's really a difficulty process; it's heartbreaking…
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If I were to say, 'God, why me?' about the bad things, then I should have said, 'God, why me?'…
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From my close observation of writers... they fall into two groups: 1) those who bleed copiously and visibly at any…
— Isaac Asimov
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The problem with leaderless uprisings taking over is that you don't always know what you get at the other end.…
— Chinua Achebe
See all 14,431 Bad Quotes »
