The city of New Orleans is planning to demolish four huge public housing developments to make way for new, more expensive buildings. Activists say the new New Orleans may not be making enough room for the poor. Jeff Tyler reports.
A few weeks ago, economics correspondent Chris Farrell told Scott Jagow we should get rid of homeowner tax deductions. Many listeners wrote in wondering if he was nuts. He addressed some of their bigger concerns.
After hearing howls of complaint that it didn't cut interest rates enough, the Federal Reserve announced a plan today to get liquidity liquid again. Marketplace's New York bureau chief Jill Barshay explains, with Kai Ryssdal.
Mortgage applications saw their highest rise last week since 2005. But Jeremy Hobson reports that the number of applications out could mean a need to refinance, as opposed to more people buying new homes.
A superfund intended to shore up confidence in Structured Investment Vehicles devastated by the subprime crisis has never caught on with banks. And today Warren Buffet put what's probably the last nail in its coffin. Amy Scott reports.
In this mortgage mess, even a cautious homeowner can end up stuck with an impossible loan. Marketplace's Alisa Roth tells us what to do when you realize you're in over your head.
President Bush has announced his plan to help homeowners in crisis but is it too little too late? Tess asks Nick Retsinas at the Joint Center for Housing Studies at Harvard.
Not long ago a broker could sell a house without trying very hard. But times have really changed. Lisa Napoli explores the new reality for realtors in the once red-hot market known as Greater Los Angeles.
The White House unveiled its official response to the subprime crisis today — a rate freeze for some of the 2 million adjustable rate mortgages that are going to move higher over the next two years. Bob Moon has the details.
