Housing

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Feds plan help for subprime homebuyers

Oct 10, 2007
The federal government is going to team with credit counselors and the mortgage industry to see what can be done to help borrowers avoid foreclosure. It's not all altruism. Steve Henn reports.
Posted In: Housing

Follow the rebounding CLO

Oct 5, 2007
There are some signs the credit squeeze might be starting to turn around. Deutsche Bank says the market for a type of security known as CLOs appears to be on the rebound. What's a CLO and why should you care? Amy Scott explains.
Posted In: Housing, Investing, Wall Street

Polishing a tarnished, subprime image

Oct 3, 2007
Countrywide, the nation's biggest mortgage company, is gearing up for a major public relations campaign to improve its subprime-debacle image. Steve Tripoli reports that Countrywide needs to be careful how it deploys the PR playbook.
Posted In: Housing

Setting a stage to feel 'at home'

Sep 29, 2007
Have a home that just won't sell? One reason might be the soft market, or you're asking too much money for it . . . or you could just be a slob. If that's the case, you could do what Curt Nickisch did and hire a professional home stager.
Posted In: Housing

Greenspan: '50-50' chance of recession

Sep 28, 2007
Former Fed chairman Alan Greenspan was famous for his hard-to-read comments on the economy -- but now that he's retired, he's warning that the U.S. economy could be headed for a slowdown. Stephen Beard reports on what European economists are predicting.
Posted In: Economy, Housing, Investing

Marketplace Money Mailbag

Sep 28, 2007
This week, Chris Farrell covers how a career military officer should invest a big bonus, paying off a jumbo home loan, and what's the real story behind a good credit score?
Posted In: Housing, Investing

Bracing for a housing ripple effect

Sep 27, 2007
Sales of new homes has hit a seven-year low, and home builders are obviously feeling the squeeze. But that's not the only industry that's going to feel the effects of what started with the meltdown in the subprime home loan market. Alisa Roth reports.
Posted In: Housing

Ratings agencies score low in D.C.

Sep 26, 2007
At a hearing today, U.S. senators tore into the three major credit rating agencies -- Fitch, Moody's and Standard & Poors -- over their roles in the subprime meltdown. At the same time, the SEC said it's investigating conflicts of interest. Amy Scott reports.
Posted In: Housing, Investing

Housing sales take a dive

Sep 25, 2007
The housing news out today was especialy bleak. Sales of existing homes fell for the sixth-straight month to the lowest point in five years. Kai Ryssdal has more.
Posted In: Economy, Housing

Lennar cuts labor

Sep 25, 2007
Miami-based homebuilder Lennar suffered it's biggest lost in the company's 52-year history, causing it to cut 35 percent of its jobs. Jeremy Hobson reports more are on the way.
Posted In: Economy, Housing

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