James Lockhart on Mortgage Market, Fiscal Cliff

Dec. 27 (Bloomberg) -- James Lockhart, vice chairman of WL Ross & Co., talks about the outlook for the residential real estate mortgage market and the so-called fiscal cliff of automatic tax increases and spending cuts. Lockhart speaks with Sara Eisen, Mike McKee and Alix Steel on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Greece Will Not Make $1.7B IMF Payment
54:21 - Bloomberg’s Stephanie Ruhle and Matt Miller report on today's top news stories. (Source: Bloomberg)
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