Wachter Says Foreclosure Crisis Still Threat to Recovery: Video

Jan. 11 (Bloomberg) — Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talks with Bloombergs Lori Rothman about the potential impact of prime foreclosures on the US economic recovery. Wachter also discusses the unemployment rate’s effect on the housing market, and the implications of Federal Reserve monetary policy for banks and homeowners. (Source: Bloomberg)

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