In World War II, scores of cultural landmarks in Germany were destroyed, including former royal palaces. Some were rebuilt quickly, while others are only now being revived as Germans look to connect with their past. Brett Neely reports.
Mortgage rates in some markets came down today, with banks offering certain jumbo loans at a little above 6% — a lot cheaper than last week. Banks are loosening up on lending again because Fannie Mae and Freddie Mac have a new strategy. Jill Barshay reports.
The House is debating a $300 billion home-loan rescue package that would dramatically increase the Federal Housing Administration's role in cleaning up the subprime mess. Nancy Marshall Genzer reports on whether the FHA is up to the job.
In the midst of a worldwide food shortage crisis, the crops from small farms are earning record prices. Commentator and farmer Richard Oswald says it's a turnabout that's been a long time coming.
The market for houseboats seems to be floating right along. And it just so happens that one of the most famous houseboats in the world is up for sale in Seattle. Chana Joffe-Walt takes us on a tour.
Fannie Mae, the biggest mortgage underwriter in America, reported a loss of more than $2 billion last quarter. Investors are now bracing for more bad news when its federally-sponsored cousin Freddie Mac reports results later this week. Alisa Roth has the story.
Government-backed lenders Fannie Mae and its cousin Freddie Mac are buying up 80% of mortgage securities, giving lenders fresh money to make new home loans. They could lead us out of the housing crisis. Bob Moon reports.
Many homeowners are frantic to refinance as their home values drop. But on the other side of the equation are buyers who are refusing to jump in until the market hits bottom. How will they know when it does? Dave DeWitt reports.
The House is expected to consider a $300 billion housing rescue package this week. The bill would allow the Federal Housing Administration to insure new, cheaper mortgages for homeowners facing foreclosure. Nancy Marshall Genzer reports.
