Making Sen$e

  • January 3, 2011   BY Elizabeth Shell  

    Not surprisingly, a poor economy does not bode well for college grads trying to enter the job market. “The last couple of years have been a very, very tough time to be coming out of college,” said Richard White in … Continue reading

  • January 3, 2011   BY Paul Solman and Elizabeth Shell  

    Your mortgage is underwater. Making the payments is both difficult and demoralizing. Is it ethical for you to walk away? As we’ve reported, there are arguments both ways. Here’s a feature to help you make up your mind. Public broadcasting … Continue reading

  • January 3, 2011  

    In a follow-up to his report last month on the unforgiving job market for recent college grads, Paul Solman looks at graduates who’ve already been out of school for several years and are still struggling to find employment in their areas of interest. It’s part of his ongoing series of reports on Making Sen$e of financial news. Continue reading

  • December 31, 2010   BY Paul Solman and Elizabeth Shell  

    Mortgage paperwork was a mess. Foreclosures were rampant. Homeowners went through months-long modifications, losing hope when it all fell through. The housing crisis was one of the major stories of the year. And as 2010 draws to a close, we’ve … Continue reading

  • December 31, 2010   BY Paul Solman and Elizabeth Shell  

    We last spoke with journalist and author Alyssa Katz back in October 2009. She had just finished writing “Our Lot,” a book on the history of America’s housing market. “The issue is that the investors and investment banks that finance … Continue reading

  • December 29, 2010   BY Paul Solman  

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s today’s query: Name: Jose Question: In Virginia we have a non-judicial foreclosure process. The servicers and their … Continue reading

  • December 28, 2010   BY Paul Solman  

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s today’s query: Name: Toby Hanna Question: 
I purchased a house in 2006. A year ago I tried … Continue reading

  • December 27, 2010   BY Paul Solman and Elizabeth Shell  

    We’ve devoted a lot of attention to the foreclosure crisis that is threatening the homes of so many Americans, and to various ways they’ve sought help: non-profit third parties; the government’s loan modification program, HAMP. But you may remember that … Continue reading

  • December 24, 2010   BY Paul Solman  

    Of the two dozen “Words of the Year” cited by the New York Times the other day, two of them — “robo-signer” and “put-back” — were spawned by the foreclosure crisis. (See this link for the Gray Lady’s definitions.) One … Continue reading

  • December 16, 2010   BY Paul Solman  

    Paul Solman answers questions from the NewsHour audience on business and economic news most days on his Making Sen$e page. Here’s Thursday’s query: Name: Sharon McDonnell Question: Paul, I apologize if I missed a step in the unfolding narrative but … Continue reading