British Prime Minister Gordon Brown is in the U.S. today to talk with Wall Street bankers about the global credit crunch and possibly ask them to reveal their credit losses asap. Stephen Beard in London reports.
British Prime Minister Gordon Brown meets bankers today amid growing concern about credit. Brown is expected to urge bankers to lower interest rates and keep the economy from stalling. From London, Stephen Beard reports.
If private mortgage insurance is required in order for homebuyers to put less than 20% down, how come it isn't saving us from the subprime mess? Jill Barshay reports.
The Senate has passed its version of the housing rescue bill. Commentator Jeff Birnbaum says the bipartisan plan includes a surprisingly large, $6 billion in tax credits to help home builders.
Homeowners who took on subprime loans and can't make the adjusted high payments are facing foreclosures. But commentator Will Wilkinson says there's a bright side for other homeowners and those looking to buy.
Shareholders' gambles in the mortgage market didn't turn out so hot this year. Today, Morgan Stanley kicks off a season of shareholder meetings. Jeremy Hobson reports on what to expect.
Politicians on both sides of the aisle are wrangling over their proposed fixes to the housing mess, Tess asks Nick Retsinas about possible solutions and reforms.
