Citigroup lists subprime hit for all to see

Dec 14, 2007
The world's biggest bank has done something very unusual. It has voluntarily taken $49 billion in potential liabilities and put them on its balance sheet. Jill Barshay reports.

When the landlord can't pay the rent

Dec 14, 2007
It's not just mortgage holders that suffer when they can't make their payments. Tess talks to Aleksandra Todorova about what happens when your landlord can't pay the bills.

Great ideas (but will they work?)

Dec 14, 2007
The Fed, the White House and Congress have all put forward their plans to clean up the mortgage mess. Marketplace's Bob Moon asks if any of it will do the trick.

Payoff Mortgage?

Dec 14, 2007
Question: I now have saved $50,000 and my husband has saved $40,000 in the bank. We pay mortgage each month about $1,000 and we still have more...

Big Easy gets harder for the poor

Dec 13, 2007
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.

Kill homeowner tax deduction?!

Dec 13, 2007
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.

Fed tries new plan to get money moving

Dec 12, 2007
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.

For public good, not for profit.

A healthy jump for mortgages?

Dec 12, 2007
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.

Buffet calls superfund a 'financial toad'

Dec 11, 2007
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.

Renegotiating a bad mortgage

Dec 7, 2007
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.