Naroff: Curbing Foreclosures Key to Housing Recovery
By Barry Ritholtz - November 11th, 2008, 10:20AM
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
November 11th, 2008 at 11:35 am
Barry:
The video window’s link is missing the “f” at the end. I think most Bloomberg videos are asf’s.
November 11th, 2008 at 11:37 am
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