When Donald Trump almost went bankrupt in the '90s, creditors made him give up his credit cards before he got help. Commentator Todd Buchholz says homeowners who face foreclosure have to give up some things too.
African Americans could lose up to $90 billion from foreclosures, according to a recent study. As Jenee Darden reports, some predominantly black churches are offering help to those in need of a financial rescue.
If "leveraging" means borrowing, shouldn't "deleveraging" mean paying the money back? Not exactly. Sally Herships breaks down what the word means and why it's an important buzz word right now.
The government is working with financial institutions to renegotiate home loans in order to help homeowners. But hedge funds think the plans are a terrible idea. Alisa Roth looks into why.
Citigroup is launching a program which will reach out to half a million borrowers to help them avoid foreclosure. Jennifer Collins gives details of the plan, which will keep borrowers paying in tinier amounts.
If you're 62 or older and the stock market is eating your retirement, there are still options open to you. Host Scott Jagow asks Meg Burns of the FHA about reverse mortgages.
As finances get tighter, some homeowners are finding the only way to make ends meet is to welcome some new neighbors by renting out their own homes. Marianne Russ reports.
