patrick.net

http://loganmohtashami.com/2014/01/27/mark-zandi-its-the-economy-stupid/

Are tight lending standards the go-to fall guy in this economic cycle? It would seem so.   Wall Street Journals Nick Timiraos sparked a recent Twitter discussion on this topic when he shared an article Mark Zandi, Moody Analytics Chief Economist, wrote. Mr. Zandi believes lending standards will hamstring a struggling housing market, and should be loosened. A number of Nicks followers jumped in to agree.   A lively discussion followed. David Stevens, CEO of the Mortgage Bankers Association and Christopher Whalen of Carrington do not agree with my stance on this topic, a stance which from which I will...

#housing