Foreclosure Crisis Still Threat to Recovery Analyst says

Jan. 11 (Bloomberg) -- Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talks with Bloomberg’s Lori Rothman about the potential impact of prime foreclosures on the U.S. 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)