Scammers prey on desperate homeowners who have missed mortgage payments, offering to help save the home from foreclosure. Alisa Roth reports on how the fraud works and talks to a homeowner victim.
The government's mega-rescue plan for Fannie Mae and Freddie Mac boosted stock markets around the world. But what's in it for the American consumer? Will it loosen up the housing market? Janet Babin reports.
The takeover of Fannie Mae and Freddie Mac could cost taxpayers $200 billion, but could also help the housing and credit crunch. Host Bob Moon turns to Thomas Stanton of Johns Hopkins University to sort this all out.
For a middle-class family in Houston, homeownership should be a sure bet. Homes prices and the cost of living are below average. But some homebuyers are still finding it hard to make a deal. Kate Archer Kent reports.
How are insurance companies treating hurricane zones in the Gulf and the Southeast coastline? Tess Vigeland talks with Louisiana Insurance Commissioner Jim Donelon about lessons learned from Hurricane Gustav.
Traffic jammed on some roads into New Orleans as the mandatory evacuation of the city was lifted. Many begged to be able to return, worried about the expence of staying in hotels. Dan Grech reports.
The government's implicit backing of Freddie Mac and Fannie Mae has apparently convinced investors that the two mortgage giants are a safe bet. John Dimsdale finds out why.
Labor Day has become a time for end-of-summer sales and barbecues, but it really is intended as a way of honoring workers. With that in mind, Nancy Marshall Genzer looks at how the American worker is doing.
Three years after Katrina, many Gulf state businesses remain in recovery mode, and another big hurricane could sink any hope of fully coming back. Mississippi Chamber of Commerce director Tish Williams explains.
The Shanghai World Financial Centre is 1,600 feet high and has 101 floors. Does having the mega-skyscraper mean Shanghai has arrived as a global financial hub? Marketplace's Scott Tong reports.
