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It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.


Mark Zandi


#against #become #during #economic #economy

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


Mark Zandi


#finds #footing #going #housing #housing market

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?


Mark Zandi


#better #buyers #choice #cost #costs

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.


Mark Zandi


#anyone #bush #bush tax cuts #cuts #economic

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


#although #been #demonstrates #during #economy

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


#contemplating #crisis #disgust #early #even

I definitely have managed to overcome dyslexia now to become a fully functional human being but things were a lot more difficult when I was younger.


Ahmet Zappa


#being #definitely #difficult #dyslexia #fully

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


#around #belongs #blame #bubble #causing

We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and that's held up.


Mark Zandi


#been #creation #driven #educational #funded

I picked books by their covers - the worse the cover, the more I wanted to read it.


Ahmet Zappa


#cover #covers #i #more #picked






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