Stockton, Calif., tops a list of cities with the most home foreclosures, with 1 out of 25 homes in trouble. Host Kai Ryssdal talks with Bob Bressani, Stockton's interim housing director, about why the city has been hit so hard.
Leaders on Capitol Hill are set to debate and vote later this week on the Bush administration's bailout plan for Fannie Mae and Freddie Mac. Marketplace's John Dimsdale's discusses with Kai Ryssdal how the politics may play out.
Despite the government's best efforts to bolster Fannie Mae and Fredie Mac, some investors aren't convinced. Host Scott Jagow asks investor Jim Rogers what the markets are looking for from Fannie and Freddie.
The mortgage industry may have dodged a bullet, but choosing the right time to buy a home still seems like a guessing game. Commentator Lyn Millner says her attempts have brought nothing but more confusion.
The Treasury and the Fed are helping out Fannie Mae and Freddie Mac with another line of credit, access to special loans and maybe even buying their stock. Financial analyst Karen Shaw Petrou talks with Host Kai Ryssdal about what still needs to be done.