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New Mortgage Regulations to Take Effect

New Mortgage Regulations to Take Effect

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.