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Stories Tagged as

Housing

Polishing a tarnished, subprime image

by Steve Tripoli
Oct 3, 2007
Countrywide, the nation's biggest mortgage company, is gearing up for a major public relations campaign to improve its subprime-debacle image. Steve Tripoli reports that Countrywide needs to be careful how it deploys the PR playbook.
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Setting a stage to feel 'at home'

by Curt Nickisch
Sep 29, 2007
Have a home that just won't sell? One reason might be the soft market, or you're asking too much money for it . . . or you could just be a slob. If that's the case, you could do what Curt Nickisch did and hire a professional home stager.
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Greenspan: '50-50' chance of recession

by Stephen Beard
Sep 28, 2007
Former Fed chairman Alan Greenspan was famous for his hard-to-read comments on the economy -- but now that he's retired, he's warning that the U.S. economy could be headed for a slowdown. Stephen Beard reports on what European economists are predicting.
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Marketplace Money Mailbag

by Tess Vigeland and Chris Farrell
Sep 28, 2007
This week, Chris Farrell covers how a career military officer should invest a big bonus, paying off a jumbo home loan, and what's the real story behind a good credit score?
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Bracing for a housing ripple effect

by Alisa Roth
Sep 27, 2007
Sales of new homes has hit a seven-year low, and home builders are obviously feeling the squeeze. But that's not the only industry that's going to feel the effects of what started with the meltdown in the subprime home loan market. Alisa Roth reports.
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Ratings agencies score low in D.C.

by Amy Scott
Sep 26, 2007
At a hearing today, U.S. senators tore into the three major credit rating agencies -- Fitch, Moody's and Standard & Poors -- over their roles in the subprime meltdown. At the same time, the SEC said it's investigating conflicts of interest. Amy Scott reports.
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Housing sales take a dive

by Kai Ryssdal
Sep 25, 2007
The housing news out today was especialy bleak. Sales of existing homes fell for the sixth-straight month to the lowest point in five years. Kai Ryssdal has more.
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Lennar cuts labor

by Jeremy Hobson
Sep 25, 2007
Miami-based homebuilder Lennar suffered it's biggest lost in the company's 52-year history, causing it to cut 35 percent of its jobs. Jeremy Hobson reports more are on the way.
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A bigger cap for Fannie and Freddie?

by Tess Vigeland
Sep 22, 2007
This week the Treasury secretary suggested raising the cap on the size of mortgages Fannie Mae and Freddie Mac can buy up from banks and other lenders. The Bush administration has opposed that move. Nick Retsinas, who teaches housing economics at Harvard, explains.
Freddie Mac headquarters in McLean, Va.
Stefan Zaklin/Getty Images
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Bernanke loves me, he loves me not

by Tess Vigeland
Sep 22, 2007
The Fed and it's Chairman Ben Bernanke showed Wall Street some love by cutting the key federal funds rate by a half a percentage point. Tess Vigeland talks with Peter Morici about what the rate cut may mean to the average consumer.
Federal Reserve Chairman Ben Bernanke testifies during the House Financial Services Committee hearing on Capitol Hill.
Mark Wilson/Getty Images
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