The National Association of Homebuilders wants to see Congress implement a program to help stimulate buyers and give them a reason to rejoin the market. Rico Gagliano reports the plan involves two parts: tax credits and low fixed rates.
Fannie Mae is developing a policy to allow renters who live in foreclosed properties to stay in their homes and avoid eviction. The new policy comes on the heels of the mortgage finance company's current holiday eviction moratorium. Sam Eaton reports.
Foreclosure filings dropped for the month of November, but that doesn't necessarily mean things are getting better. Jeremy Hobson looks into why these indicators may be "false positives" for the housing market.
At Mary Immaculate Parish in Pacoima, Calif., dozens of parishioners are at risk of losing their homes. Father John Lasseigne's been trying to help them by organizing them to negotiate with their banks. He talks with Kai Ryssdal.
The credit markets are still stuck tight, according to the usual gauge people look at -- the LIBOR index. It used to be a pretty obscure financial benchmark that only mattered to bank bureaucrats. But not any more. Mitchell Hartman explains.
To find out how Treasury's mortgage rate-cut plan might come together -- or whether it's even possible -- Kai Ryssdal talks with Susan Wachter, professor of real estate at the University of Pennsylvania.