In the mid-2000s, government programs and risky subprime mortgages had boosted African-American home ownership to an all-time high. But now foreclosures are rampant, and African-Americans are losing ground fast. Mitchell Hartman reports.
A lawyer could be a huge help for people navigating bankruptcies, foreclosures and credit problems. It's even better if they can offer their services for free. But in this time of need, pro bono lawyers are getting more difficult to find.
New data shows that home prices are falling again, while mortgage rates are up .75 percent since late fall. Foreclosures are dragging the market down even farther. Mitchell Hartman reports on the possibility of a double-dip in the housing market.
We follow the story of America's housing meltdown through one house — Lot 354, a Spanish bungalow in Los Angeles. From former and current owners to real estate agents and neighbors, the characters and industries affected by Lot 354 tell the story of the rise and fall of America's housing market.
Marketplace worked with Los Angeles public TV station KCET and its show, SoCal Connected, to tell the story of a single home, and that home's place in the American economy. Kai Ryssdal gives us a sneak peek inside "Lot 354."
