Treasurer in Oakland County, Mich., sues the mortgage giants, claiming they owe millions in taxes on foreclosed properties. Fannie and Freddie claim they're exempt because they're government entities. But are they really?
The United Nations World Food Programme is calling for $300,000,000 over the next few weeks to help feed starving Somalis. David Orr, spokesman for the United Nations World Food Programme, discusses why it's difficult to get aid into the country.
Pallavi Gogoi, business writer for the Associated Press, explains how a nationwide investigation into robo-signed mortgage documents could reveal 'millions' of questionable signatures.
With 400 remaining Borders stores closing, and a growth in the popularity of multi-family homes, the real estate market is developing to meet new demands. Juli Niemann explains.
An expensive mortgage-backed security settlement and a balance sheet still weighed down by bad loans contributed to a $9 billion second-quarter loss for the largest bank in the country.
Besides House Minority Leader Nancy Pelosi, there are no women in the leadership of the debt ceiling debates. Congresswoman Susan Davis, a Democrat from California, says that should change.
