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)

Latest Fed Minutes Point to June Rate Hike
34:07 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)
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