Housing

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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

Homebuilders storm the Hill

Jun 6, 2007
After enjoying years of unbridled growth, many homebuilders say they're now sinking along with the subprime lending market. So 1,300 of them are in Washington today to ask for help, and they have some unlikely allies, Steve Henn reports.
Posted In: Housing, Washington

Weak housing market hits home goods

Jun 5, 2007
Retailer Bed, Bath and Beyond saw shares fall 5.4% today on news that first-quarter earnings would be below expectations. Some analysts are pointing the finger at the weak housing market. Jeremy Hobson reports.
Posted In: Housing, Retail

Lone Star thinks it's got a prime choice

Jun 4, 2007
Private equity firm Lone Star Funds will pay $400 million for Accredited Home Lenders. Lone Star's not the only buyout gang throwing money at sub-prime's corporate wreckage. Steve Tripoli reports.
Posted In: Housing, Investing, Wall Street

Insurance premiums on fire

Jun 4, 2007
Homeowners in high-risk wildfire areas in the West are facing sharply higher insurance premiums — and threats of policy cancellations. The industry says it's just being realistic. Watchdog groups say insurers are padding profits. Bob Moon reports.
Posted In: Housing

Massachusetts goes after mortgage predators

Jun 1, 2007
The Bay State's attorney general is cracking down on scam artists who promise to rescue homeowners from foreclosure but are actually out to steal their homes. Steve Tripoli reports.
Posted In: Crime, Housing

Florida insures itself for hurricane season

Jun 1, 2007
Forecasters say a handful of major hurricanes could hit the U.S. this season. Florida's largest insurer is now a state-run company, filling the void left by wary private firms. But is that a good thing? Dan Grech reports.
Posted In: Housing, Science

The 40-year-old roommate

May 31, 2007
Commentator and New York City renter Doug Cordell is here to tell you that the falling housing market has its wider impacts. Like, having to share a place with a guy singing arias in an open bathrobe.
Posted In: Housing, New York

The fall of gentrification

May 30, 2007
The housing bubble may be leaking, but some big cities are still gentrifying like it's 1999. High-end development is now forcing out even middle-income workers and that's not going to be good for anyone, including business, warns Angela Glover Blackwell.
Posted In: Housing

L.A. still finding its center

May 29, 2007
Downtown Los Angeles has been undergoing some big changes in recent years, but critics say it's still missing the vibrant core that is the heart of other big cities. Can the Grand Avenue Project change all that? Pat Loeb reports.
Posted In: Housing

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