New mortgage rules to take effect in Jan.: Will regulations affect recovery?

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New mortgage rules to take effect in Jan.: Will regulations affect recovery?

CBSTV Videos 2:44 mins

Many financial analysts believe the real estate market is on the rebound, but it could be harder for some buyers to finance a home in 2014. Starting January 10, mortgage lenders will have to abide by a new set of government regulations. Peter Coy, economics editor of Bloomberg Businessweek, joins "CBS News This Morning" to discuss the potential impact on the nation's recovery.

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