Zandi Sees Foreclosure Errors Lengthening Housing Crisis: Video

Oct. 4 (Bloomberg) -- Mark Zandi, chief economist at Moody's Analytics Inc., talks about the impact of bank foreclosure errors on the housing market.

Bank of America Corp. delayed foreclosures after a federal regulator called for a review because lenders may have submitted defective documents when repossessing homes. Court documents showed JPMorgan Chase & Co. and Ally Financial Inc. employees may have submitted affidavits without confirming their accuracy. Zandi talks with Erik Schatzker...

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From: Bloomberg

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