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Bear hit raises fears of debt crisis
Steve Henn Sep 1, 2007
Wall Street is hoping the subprime mortgage crisis won't spread. But Bear Sterns' debt rating got downrated today, and some economists aren't sure the problem has been contained. Steve Henn reports.
A foreclosure storm on the horizon?
Steve Henn Sep 1, 2007
The announcement that American Home Mortgage will drastically cut operations and lay off 7,000 may be just the beginning of a crisis in the U.S. lending market. Steve Henn reports on how deep the problem goes.
Peace propels property values in N. Ireland
Ashley Milne-Tyte Sep 1, 2007
After decades of violence, Northern Ireland's Catholic and Protestant parties finally signed a peace deal in 1998. The changes since haven't been just political. The region is also experiencing an unprecedented housing boom. Ashley Milne-Tyte reports.
Florida beginning to insure itself
Dan Grech Sep 1, 2007
Florida was already in the middle of its most intense hurricane season when Katrina hit. When private insurers backed away from the state's market, government-backed insurance stepped in. Dan Grech reports.
Recession on the horizon?
Steve Tripoli Sep 1, 2007
As credit tightens in the wake of the subprime lending crisis, some analysts warn that it could impact lending in other areas. And that's one more risk factor on the recession pile. Steve Tripoli reports.
Credit market ills go beyond subprime
Amy Scott Sep 1, 2007
American Home Mortgage was the latest victim of a smarting subprime mortgage market. And as Amy Scott reports, the company doesn't even make subprime loans.
A microcosm of the subprime meltdown
Steve Henn Sep 1, 2007
One working-class neighborhood in Cleveland saw 400 foreclosures last year. But critics say the home lending crisis is only now making headlines because it's shaking up Wall Street. Steve Henn reports.
Subprime hits keep on comin'
Ashley Milne-Tyte Sep 1, 2007
More bad news for subprime mortgage investors over the last 24 hours: Bernanke says losses could hit $100 billion and a new report estimates mortgage defaults will keep rising and eating into profits until at least the end of '08. Ashley Milne-Tyte reports.
Blueprints born out of tragedy
Sep 22, 2011
Here's a twist on the housing market: A wide range of opportunities awaits a new breed of scaled-down homes. Allowing wannabe homeowners to make a start with less, for one. But the idea had humble beginnings. Elizabeth Wynne Johnson has the story.
A blank canvas for city's future
Sep 1, 2007
In Seattle, the real estate market is still strong. Which could explain why a 12-acre parcel near the city's Space Needle is getting so much attention. Cathy Duchamp reports.
