Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
party government tea
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.
helping republican democrat
My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.
dark flavor different
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.
holiday payroll-tax numbers
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.
running home past
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
done republican democrat
I've done work for both Democrats and Republicans.
fall home knives
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.
home assets stills
A home is still the biggest asset that most Americans own.
weed banking growing
There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.
government important way
The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.
strong government play
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 government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.
democrat
I'm a registered Democrat.
average credit today
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 to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow.
mistake recovery cutting
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 making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.