Housing

Pages

Bear Stearns takes a big subprime hit

Jun 20, 2007
The crisis in the subprime mortgage market continues to take its toll on Wall Street. Merrill Lynch will sell off the assets of two hedge funds that relied on subprime loans that are now going south. Amy Scott reports.
Posted In: Housing, Investing, Wall Street

We need a 'Last Chance Mortgage' fund

Jun 14, 2007
Once we get past stories about subprime mortgages and whether or not rising interest rates will sink real estate even lower, is there a way to bring the market back? Commentator John Vogel has a plan.
Posted In: Housing

What's the cure for home-lending market?

Jun 14, 2007
There's no shortage of ideas on how to deal with ailing borrowers and lenders. Fed officials heard some of them at a hearing in Washington. But the central bank's being urged not to overreact. Bob Moon reports.
Posted In: Crime, Housing

Starting at Ground Zero

Jun 14, 2007
JP Morgan Chase said today it's moving back to Lower Manhattan at the World Trade Center site. Officials hope it will lure other businesses to locate there, too. But Alisa Roth reports the bank didn't come cheap.
Posted In: Housing, New York, Wall Street

Congress, Fed tackle sub-prime meltdown

Jun 14, 2007
The sub-prime loan market collapse is tearing apart neighborhoods. But hedge fund managers are worried their insurance policies won't pay out if the federal government intervenes. Steve Henn reports.
Posted In: Housing

More mortgages gone bad

Jun 13, 2007
Looks like we haven't seen the worst of the foreclosure crisis yet. New data shows filings are up significantly. The outlook for the real estate market is grim, and it could be bad news for the economy as well, Steve Tripoli reports.
Posted In: Housing

Brick rustlin' on the rise

Jun 13, 2007
Rich clay deposits once made St. Louis the nation's brick capital. Today its distinctive red bricks are a hot commodity for builders -- so hot that some people are stealing entire walls off old buildings. Matt Sepic has the story.
Posted In: Crime, Housing

Guardian service helps those without support

Jun 11, 2007
A New York nonprofit group is serving as a guardian for persons who for reasons of age, illness or disability can't care for themselves. It's good for the people — and the state, too. Alisa Roth reports.
Posted In: Health, Housing, Investing, New York

Housing slumps, but homes still pricey

Jun 11, 2007
Stagnating wages combined with a growing number of house-hungry families could lead to a housing affordability challenge that could have ripple effects for the U.S. economy. Steve Tripoli reports.
Posted In: Economy, Housing, Jobs

Mortgage fraud's costs go beyond the loan

Jun 7, 2007
Widespread mortgage fraud has completely skewed home prices in some neighborhoods and raised questions about the late days of the housing boom. Mhari Saito reports.
Posted In: Crime, Housing

Pages