Fannie Mae and Freddie Mac have their hands in 70% of all the mortgages in this country. What do their troubles mean for mortgage holders? John Dimsdale reports.
Rumors and conflicting reports are flying about what the government may do to prop up Fannie Mae and Freddie Mac? Marketplace's Bob Moon explains the mixed signals that have investors worried about another crisis in the mortgage meltdown.
Frannie Mae and Freddie Mac's stocks plunged after rumors the government might be prepping a bail-out for the struggling mortgage companies. John Dimsdale reports.
Countrywide is officially part of Bank of America, but in the six months since B of A agreed to buy the mortgage company, Countrywide's losses continued to build up. Jill Barshay reports.
Extreme weather has driven insurance claims way up in 2008, but the insurance companies have plenty of capital to weather the storm. Dan Grech reports.
Home sellers who managed to avoid foreclosure are now posting some pretty steep asking prices, which could draw out the housing crisis even longer. Ashley Milne-Tyte reports.
Senate leaders wanted to pass a housing bill before the July 4 weekend that would help 400,000 Americans. But the legislation has been slowed by debate over tax breaks for renewable energy. Steve Henn reports.
The state of Illinois is suing Countrywide for unfair and deceptive business practices, claiming the lender designed mortgage products with Wall Street in mind. Steve Henn reports other accusations against the company.
