Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense. Mark Zandi 1990sbackcut share on social
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 prices to soar and then crater during the past decade weren't among them. Mark Zandi belongblamebubble share on social
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. Mark Zandi americanbearcontemplate share on social
My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat. Mark Zandi askdemocratpolicy Change image and share on social
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. Mark Zandi badbroadbubble share on social
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 avoidexpansionextension Change image and share on social
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 addressagreecliff share on social
It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use. Mark Zandi backdistresseconomy Change image and share on social
I only have two things in my life, my family and work. If there's any time left over, then I play sports. Mark Zandi familyleavelife Change image and share on social
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. Mark Zandi demonstrateeconomyevidence share on social