Curious about all those papers you signed along with your mortgage? One may be more sinister than the legalese made it out to be. Tess asks Scott Wilson about title insurance.
Next up in the government's list of plans to curb the mortgage crisis: this week's "Project Lifeline," a major foreclosure freeze. Tess asks Gary Painter if it will make a difference.
Foreclosures, now at record levels, could go even higher as a wave of adjustable rate mortgages reset to higher interest rates in the next 18 months. Mhari Saito has a story of a family teetering on the leading edge of that wave.
The rates for millions of adjustable mortgages are set to skyrocket this year. How can you keep clear of the ARM reset landslide — or dig yourself out? Bob Moon has some ideas.
Federal Reserve Chairman Ben Bernanke told the Senate Banking committee today he expects a year of slow-to-moderate growth. Then he said many unknown factors could stifle that growth. Kai Ryssdal has more.
Upset with the lack of action towards the housing crisis, the National Association of Home Builders said it would not be contributing money to elections this year. Jeremy Hobson reports on the power of money in politics.
With so many foreclosures across the country, it's only natural that many foreclosure auctions will follow. Scott Jagow talks to Sean O'Toole of ForeclosureRadar.com about how these auctions work, and who's buying.
Congress is looking at legislation that would change bankruptcy regulations to make it easier for people to hold onto their homes. But Stacey Vanek-Smith reports the government might not help the people in the most trouble.
