Mark Zandi
WASHINGTON, DC - MAY 24: Moody's Analytics Chief Economist Mark Zandi (R) testifies before the Senate Banking Housing and Urban Affiars Committe on Capitol Hill May 24, 2012 in Washington, DC. Zandi and other experts testified during a hearing about the proposed Responsible Homeowner Refinancing Act of 2012, whose sponsors say will 'help millions of responsible, struggling homeowners refinance at lower rates.'
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It sets a very bad precedent for G-fees to pay for anything other than Fannie and Freddie providing insurance on loans. It opens the door for using them as a piggy bank
Lenders are increasingly less worried about loan quality and more concerned about loan growth
The credit spigot for most households is opening as the job market gains traction, their debt loads decline, and their payment performance improvesMore quotes »
Around the web
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Programming notes
The first place for news and analysis from the NBC News Political Unit. Follow us on Twitter. *** Friday’s “Daily Rundown” line-up: Moody’s Mark Zandi and President Obama’s CEA Chairman Alan Krueger on the jobs report… NBC’s Pete Williams and Lisa Myers 9:16 AM from MSNBC Blogs Read more »
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Video: Unemployment at 8.2%, Only 69,000 Jobs Created in May
CNBC's Hampton Pearson breaks down the disappointing data on the latest jobs numbers from the Labor Department, and reaction from Mark Zandi, Moody's Analytics chief economist; Diane Swonk, Mesirow Financial chief economist; Austan Goolsbee, former Cou.. 9:10 AM from MSNBC Read more »
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Myth McConnell
In the wake of the debt-ceiling crisis he helped manufacture last summer, Senate Minority Leader Mitch McConnell boasted it was "a hostage that's worth ransoming" which "also is a new template" for the future. As it turns out, those threats were among th from Crooks and Liars Read more »
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Personal Finance: Consumers Show Restraint as Credit Ratings Improve
Credit scores turned into one ugly number for many consumers throughout the recession — putting a halt to how much buying and borrowing consumers could do. So it's pretty upbeat news to hear that more consumers are edging near perfect FICO scores. The nu from The Lakeland Ledger Read more »
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The Folly of Forecasting
President Obama's mostly forgotten jobs package would reportedly create 1.9 million new jobs, a one-percentage-point drop in the unemployment rate, and goose GDP by two percentage points. That was the prediction of Mark Zandi, chief economist of Moody's from Town Hall Read more »
