Fannie Mae announced a $2.3 billion loss for the quarter that ended in June, which makes some wonder what's next for the housing market and the American economy. Steve Henn reports.
How did prime borrowers end up in the same boat as subprime borrowers? Host Tess Vigeland asks real estate investor Jeremy Brandt what was behind the push towards adjustable-rate and interest-only loans.
Many with good credit took out the same kinds of loans behind the subprime mess and those borrowers are starting to feel the same pain. Host Tess Vigeland talks to a listener with good credit and an interest-only loan.
Demand for sawdust has grown tremendously, with prices in some parts of the country doubling. But the housing slump means there's less of this unlikely commodity to go around. Nina Keck reports.
Freddie Mac posted its fourth-straight quarterly loss, signaling continued gray skies in the housing market and reminding investors of the firm's uncertain future. Alisa Roth reports.
Another change from the new housing bill: Easier and safer reverse mortgages for America's seniors. Still, it's a better option for some homeowners more than others. Lenora Chu reports.
The long-fought-over housing bill has become law. Host Tess Vigeland asks Chris Mayer at Columbia University to explain what the bill does, then helps listeners get answers to their questions.
