A home is still the biggest asset that most Americans own.

My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

I only have two things in my life, my family and work. If there's any time left over, then I play sports.