Saturday, December 12, 2009

Foreclosures May Spike Without Writedowns Lockhart Says

Dec. 11 (Bloomberg) -- James B. Lockhart III, vice chairman of WL Ross & Co. and the former director of the Federal Housing Finance Agency, talks with Bloomberg's Carol Massar about the outlook for the U.S. housing market. Lockhart also discusses the outlook for the commercial real estate market and the future of Fannie Mae and Freddie Mac. (Source: Bloomberg)


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