New York Attorney General Eric Schneiderman has opened an investigation into the packing of mortgage loans into securities. The inquiry targets Bank of America, Morgan Stanley and Goldman Sachs.
Host Tess Vigeland and Kiplinger's Kathy Kristof discuss whether it's a good idea to accept an offer to hold the mortgage on your home loan, how to plan for an impending lay off and how much money an independent freelancer should save for taxes.
Owning your home used to be a symbol of stability. But since the housing market crashed, some people are questioning whether owning a home is worth the trouble.
The devastating storms in Alabama and the surrounding states have taken a great toll on the area. But those displaced could help to reinvigorate the housing market there.
