Quotes by Mark Zandi

About 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.
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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.

Mark Zandi

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? How large is the down payment? Does the borrower have a job with a stable income? What is the borro...

Mark Zandi

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 fall, because distressed properties sell for significantly less - currently around 25 percent below non-distresse...

Mark Zandi

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. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house...

Mark Zandi

The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.

Mark Zandi

Our economy isn't going to recover until the housing market finds its footing.

Mark Zandi

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.

Mark Zandi

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

Mark Zandi

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring...

Mark Zandi

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 find mortgages at low interest rates even during the worst phase of t...

Mark Zandi

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 reduce their monthly mortgage payments.

Mark Zandi

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

Mark Zandi

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 that got us into this economic mess than most of us believe.

Mark Zandi

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.

Mark Zandi

The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

Mark Zandi

Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

Mark Zandi

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 ...

Mark Zandi

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. Giving investors a small tax break should further juice up demand, supporting prices for d...

Mark Zandi

My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.

Mark Zandi

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

Mark Zandi

Author Bio

  • NameMark Zandi
  • DescriptionEconomist
  • CountryUnited States Of America
  • ProfessionEconomist