In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break. Mark Zandi affordabilityamountbreak share on social
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife. Mark Zandi buycatchdecline Change image and share on social
The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets. Mark Zandi commodityeconomyfinancial Change image and share on social
Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half. Mark Zandi akronareaaverage share on social
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. Mark Zandi americanattractiveaverage share on social
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 bigcontrolculprit Change image and share on social
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 closecollectivedifficult share on social
Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011. Mark Zandi pointraisetaxis Change image and share on social
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 agoamericabody Change image and share on social
