Construction of new homes was expected to drop in September, but not to the lowest number in seven years. With builders and buyers unable to get loans easily, the decline is expected to continue. Mitchell Hartman reports.
Pennsylvania is experimenting with a mandatory mediation system for foreclosures that requires borrower and lender to try to work things out before a judge. But Jeff Tyler reports many don't know the program exists.
The U.S. still has an estimated 21 billion barrels waiting to be extracted. At an oil field in Los Angeles, residents are fighting one company's plan to drill under their neighborhood. Jennifer Collins has the story.
The Department of Housing and Urban Development met on whether all-government housing assistance programs would help struggling homeowners. Danielle Karson reports they may not have enough funds to face the problem.
Hope for Housing, is a new $300 million program to help homeowners facing foreclosure get new loans. It was part of the Fannie Mae-Freddie Mack deal. Stacey Vanek-Smith talks to some who want to see more.