- Depression
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- Nov 07, 2020
Mark Zandi Quotes
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- Last Updated on May 30, 2021
- Borrowers
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- Nov 07, 2020
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.
- Government
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- Nov 07, 2020
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.
- Fall
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- Nov 07, 2020
Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.
- Most
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- Nov 07, 2020
A home is still the biggest asset that most Americans own.
- Distressed
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- Nov 07, 2020
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 distressed homes and the market in general.
- Money
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- Nov 07, 2020
Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.
- Body
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- Nov 07, 2020
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.
- Government
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- Nov 07, 2020
The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.
- Life
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- Nov 07, 2020
I only have two things in my life, my family and work. If there's any time left over, then I play sports.
- Economists
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- Nov 07, 2020
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.
- Democrats
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- Nov 07, 2020
I've done work for both Democrats and Republicans.
- Nov 07, 2020