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The housing crisis just hit another obstacle with the halt of foreclosures in nearly of the nation. Tess Vigeland talks to Nic Retsinas, director of Harvard's Joint Center for Housing Studies, about details of what's happened in the housing economy and what's to come.
Marketplace's Wall Street reporter Jeremy Hobson escaped Manhattan this week for a series on how the rest of the country is dealing with the recession. He joins us from Memphis, Tenn., to talk about how joblessness and foreclosures are affecting the region.
The agency that regulates Fannie Mae and Freddie Mac has sent subpoenas to banks that issued mortgage-backed securities in an investigation that could end up costing the banks billions.