Stories Tagged as
Housing
Homeowners brace for subprime leap
Oct 18, 2007
About 2 million subprime loans set up with teaser rates will expire over the next 18 months, leaving homeowners with much higher mortgage payments. But finding a better loan deal to prepare for the jump isn't easy. Mhari Saito reports.
Changing their subprime tune
by
Steve Henn
Oct 16, 2007
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke have modified their public statements on the state of the U.S. housing market. Each now says they see a significant risk to the economy. Steve Henn reports.
Homeowners: Be more concerned
Oct 15, 2007
A nationwide survey of homeowners with adjustable-rate mortgages shows only a small percentage are worried about impending trouble. Steve Tripoli reports there may be a dangerous knowledge gap at work.
A foreclosure means an eviction
by
Sam Eaton
Oct 12, 2007
The crisis in the housing market is hitting a growing number of landlords and their tenants. Sam Eaton looks at how far the situation could escalate for renters.
Come travel through time to ARM future
Oct 11, 2007
Over the next year or so millions of adjustable rate mortgages will recalibrate to higher interest rates. We asked Steve Tripoli to climb into the Marketplace time machine with the dials set for, say, next August and give us tomorrow's news today.
Fox takes aim at "anti-biz" CNBC
by
Kai Ryssdal
Oct 11, 2007
Fox News positioned itself as the cable news antidote to the "liberal" CNN. Now it's trying to work that same magic against CNBC with a new business news channel. Media critic Tim Rutten talks about Roger Ailes' next big move.
Bigger houses mean deeper debt
Oct 11, 2007
Commentator Karrie Jacobs says that when it comes to the crisis in the U.S. mortgage industry, the changing tastes of modern homeowners may be part of the problem.
For public good, not for profit.
Feds plan help for subprime homebuyers
by
Steve Henn
Oct 10, 2007
The federal government is going to team with credit counselors and the mortgage industry to see what can be done to help borrowers avoid foreclosure. It's not all altruism. Steve Henn reports.
Follow the rebounding CLO
by
Amy Scott
Oct 5, 2007
There are some signs the credit squeeze might be starting to turn around. Deutsche Bank says the market for a type of security known as CLOs appears to be on the rebound. What's a CLO and why should you care? Amy Scott explains.
Polishing a tarnished, subprime image
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.