Joel Naroff, president of Naroff Economic Advisors, talks with Bloomberg’s Carol Massar from Philadelphia about Fannie Mae and Freddie Mac’s potential plan for a new mortgage modification program and outlook for the U.S. housing market. Fannie and Freddie will reduce principal or interest rates on some loans and extend the terms of others, people briefed on the matter said. (“Morning Call” is seen weekdays on Bloomberg TV. Source: Bloomberg)
click for video
00:00 Potential effects of loan modification plan
01:59 Fannie, Freddie; approach to housing crisis
Running time 04:01
Source:
Naroff Says Curbing Foreclosures Key to Housing Recovery: Video
Bloomberg, Nov. 11 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7xECgb7IgWs
Category: Markets, Real Estate, Video
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Barry:
The video window’s link is missing the “f” at the end. I think most Bloomberg videos are asf’s.
Realized I shoulda just posted it myself. Here’s the working link:
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/v.j47DuTOtU4.asf