President Obama is worried that the nascent housing recovery is leaving too many people, including young people, behind. His administration is moving to increase lending to homebuyers will risky credit. But the question is, should those homebuyers be part of the housing recovery. Also, rumors of a Facebook phone have early adopters interested. Facebook had struggled with mobile in the past. And finally, tax season is upon us, so we talk with Stephen Dubner about the Freakonomics of taxes.

After losing $166 billion in four years, Fannie Mae just reported a $17 billion profit for 2012 — a record. Some supporters are saying it’s a real improvement for the behemoth mortage lender; critics say it is just a sign of how widely-exposed the agency is to housing market swings. Plus, as Washington continues to review differing budgets and budget priorities, one key overriding concern is how much to spend on the social safety net. Most of us would say we know what the phrase ‘safety net’ means — but few of us know where the name came from. To find out requires a search for who came up with the term in the first place. (Hint: It wasn’t FDR.)

The sequester officially “kicked in” one month ago, today. At the time, dire media warnings made it sound like we were going to hit an economic brick wall, but that hasn’t happened. Why haven’t the doomsday predictions come true? Also, April 1 is the deadline for most colleges and universities to let applicants know whether they’ve been accepted for admission. The tuition check is coming due. On top of that, there’a whole host of other costs that applicants have to pay nowadays.

What do a $155 million Picasso purchase, a $60 million Hamptons home purchase, a $600 million fine and a trader in handcuffs have in common? The answer: a momentous week for high-profile hedge-fund titan Stephen A. Cohen. Plus, oil companies say new EPA rules on sulfur levels in gas will increase prices several cents a gallon, but higher refining costs could play out many ways: People could drive less or they could buy cars with higher mileage.

As Cyprus puts limits on how much money people can spend or withdraw from banks, we look at how such restrictions would affect American businesses and individuals if imposed here. Also, Wal-Mart is reportedly considering using customers at its brick-and-mortar stores to deliver orders to online customers in an effort to compete with Amazon. And finally, how the company that makes those Peeps easter candies has built on the peepularity of marshmallow bunnies to renew and expand an old candy company.

Today’s Supreme Court case on gay marriage focuses on the inheritance tax, which impacts only a fraction of Americans. But there are hundreds, if not thousands, of financial benefits for married couples, so we look at some that are below the radar and available to many Americans. Also, the Cyprus financial system remains frozen with banks planning to open, in limited fashion, tomorrow. One of the things that regulators are worried about is money launderers removing their capital from Cypriot banks. But where does that money go then? Whers are the places that money launderers store their cash?

Struggling to compete against its bigger rivals like AT&T and Verizon, T-Mobile has made an announcement that it is canceling new phone contracts that lock you in for wireless services. The practice is common among small companies, like MetroPCS, but T-Mobile would be the carrier with the largest footprint to make the switch. Also, our Wealth & Poverty Desk begins a new series about the “safety net” that we rely on to take risks and sometimes make ends meet. And finally, how hard is it to make the perfect “hoodie” sweatshirt? 

Banks are back at it — giving out home loans with no down payments. But this time, it’s wealthy buyers taking out those high-interest loans. A shortage of doctors means increased opportunities for nurses and others in health care. Apple’s latest acquisition could change things for consumers and marketers alike in the world of indoor mapping. Soccer star David Beckham visited China last week to root out corruption from Chinese soccer, but he’s already made a slip-up. We look at the economic industry of the U.S. Supreme Court. And NYU professor Adam Alter talks about the subconscious influences on our decision-making.

The European Central Bank has given Cyprus until Monday to come up with a plan to raise billions of dollars and avoid bankruptcy.  We take a look at the long weekend ahead for the small island nation. And in the meantime, we examine a tax fraud case in the UK that calls to mind the award-winning movie Argo. Argo is the story of a fake Hollywood movie set up in order to rescue American hostages in Iran. But in the British case, the fake movie had a less noble aim — collecting $4.2 million in free money. Plus, we talk to Wesley Morris of Grantland about how the hotel chain Marriott is trying to get in on the marketing for the movie 42, about Jackie Robinson. And squirrel pot pie, groundhog hoagies and creamed coon casserole! Montana is considering a law that would allow residents to salvage roadkill for human consumption. We look at all the juicy details.