Housing

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How to become an 'accidental landlord'

Sep 14, 2007
The subprime mortgage mess has made it harder to buy and sell a home. But if you're already a homeowner, here's another option: Become what Kate Ashford of Money magazine calls an accidental landlord. She talks with Tess Vigeland.
Posted In: Entrepreneurship, Housing

Relief in sight for Countrywide

Sep 13, 2007
Banks are throwing a lifeline of $12 billion in credit to Countrywide. As a result, their stock rose almost ten percent on the announcement. Lisa Napoli reports.
Posted In: Housing, Wall Street

Credit card debt? Mortgage can wait

Sep 13, 2007
The subprime loan crisis is making some homeowners shift priorities. One big credit counseling service found that many clients are paying their credit cards before they cover the mortgage. Steve Tripoli reports.
Posted In: Housing

A star today and a bust tomorrow

Sep 12, 2007
New figures out today will show states like Arizona and Florida with the highest housing growth two years ago. Jeremy Hobson reports that now, these states suffer some of the highest foreclosure rates.
Posted In: Housing

Beware of power shift in world finance

Sep 11, 2007
Everybody from the Federal Reserve to the European Central Bank to the newest fund manager on Wall Street is worried about subprimes and the liquidity crisis. But commentator Bruce Stokes says there's an even greater challenge out there.
Posted In: Economy, Housing

Getting the wrong kind of closure

Sep 8, 2007
The news keeps getting worse for many American homeowners. New data shows that the rate of home loans in foreclosure has hit a record high for the third quarter in a row. And there's no end in sight, Bob Moon reports.
Posted In: Economy, Housing

Buzzword: LIBOR

Sep 7, 2007
This week, the LIBOR rose to a six-year high. And if you have an adjustable-rate mortgage, you know that's not a good thing.
Posted In: Economy, Housing

How far down will housing drag us?

Sep 6, 2007
Three key indicators popped onto economic radar screens yesterday and none of them brought good news. The credit and housing crises are starting to impact the larger economy, but are we on the steep road to recession? Steve Tripoli reads the signs.
Posted In: Housing

An own-to-rent solution

Sep 6, 2007
Congress wants to help homeowners who are struggling to keep up with skyrocketing subprime mortgages. Forget a traditional bailout, Chris Farrell explains the beauty of the own-to-rent plan.
Posted In: Housing

Vatican raises the rent

Sep 6, 2007
Beyond St. Peter's Basilica, the Vatican owns a lot of pricey real estate in Rome. Many of its tenants had come to believe they were protected from rising rents. But, as Megan Williams reports, their faith was misplaced.
Posted In: Housing

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