It's been several months since the White House began it's Making Home Affordable plan. The goal was to encourage banks to modify loans of homeowners in foreclosure. Tamara Keith reports on loan counselors who are trying to do just that.
As job losses and foreclosures continue, more people are finding they can't afford to live on their own. Host Tess Vigeland talks to personal finance author Beth Kobliner about how families can handle an adult child moving back in with the parents.
Many seniors sell their homes to afford the high cost of moving to a full-service retirement community. Ashley Milne-Tyte reports that people are delaying this move because their houses aren't selling.
Treasury Secretary Timothy Geithner and HUD secretary Shaun Donovan are urging some of the country's largest banks to step up their efforts to help homeowners modify their mortgages. Tamara Keith reports.
The Obama administration has tried a number of programs to slow the rate of foreclosure, but the housing market is still unstable. Commentators Robert Reich and Mark Zandi discuss other actions the government could take.
UCLA economics professor Edward Leamer talks with Bob Moon about whether we should view the latest housing numbers as the glass being half empty or half full.
The subprime mortgage debacle has given debt a bad rap lately. But there was a time when borrowing money helped establish a strong middle class. Stephen Smith reports.
The next surge in foreclosures has arrived. Borrowers with good credit are defaulting, and the latest wave of foreclosures is already lapping at the edge of communities all over America. Mitchell Hartman reports.
