subprime mortgage

  • June 19, 2008  

    The Justice Department and the FBI announced hundreds of arrests Thursday for mortgage fraud, which is blamed for sparking a national credit crisis and nationwide housing crisis. An NPR correspondent and Columbia Law professor examine the government crackdown.

    Continue reading

  • May 13, 2008  

    As the U.S. grapples with an economic slowdown and a housing slump, financial leaders are rethinking their strategies. Financier and author George Soros reflects on the changing business trends and details his new book, which examines the “credit crash” of 2008. Continue reading

  • April 11, 2008  

    Democratic candidates Barack Obama and Hillary Clinton continued to campaign heavily in Pennsylvania ahead of its April 22 primary, while presumptive GOP nominee John McCain further outlined his economic proposals at a campaign stop in New York. Continue reading

  • April 3, 2008  

    Federal Reserve Chairman Ben Bernanke defended the agency’s rescue of Bear Stearns in a Senate hearing Thursday, saying the move was necessary to prevent further impact on the general economy. Financial experts weigh the Fed’s response to recent economic turmoil. Continue reading

  • April 2, 2008  

    Momentum grew Wednesday for a Senate bill aimed at easing the slumping housing market and helping families threatened by foreclosure after lawmakers reached a tentative deal on a scaled-back version of the legislation. The architects of the compromise, Senators Chris Dodd, D-Conn., and Richard Shelby, R-Ala., discuss the bill. Continue reading

  • March 31, 2008  

    In the wake of the subprime mortgage crash and the bailout of a prominent U.S. investment firm, Treasury Secretary Henry Paulson on Monday outlined an administration proposal for increasing the regulation of financial institutions and markets. A Treasury official and other financial experts discuss the proposed changes. Continue reading

  • March 25, 2008  

    Presumptie GOP nominee Sen. John McCain warned Tuesday against hasty government involvement in the U.S. mortgage crisis, while both Democratic candidates have called for increased regulation of lenders. An analysts considers the state of the housing market. Continue reading

  • March 25, 2008  

    The city of Baltimore has lately seen skyrocketing foreclosure rates and slumping home prices. The housing shake-up led the city to sue its largest lender — Wells Fargo — over allegations that it gave black homebuyers higher loan rates than white buyers. Ray Suarez examines the impact of the housing crisis in Baltimore. Continue reading

  • March 24, 2008  

    Amid stockholder discontent, JP Morgan Chase raised its bid to buy investment bank Bear Stearns Monday from $2 a share to $10 a share. A New York Times financial reporter helps explain the buyout. Continue reading

  • March 21, 2008  

    In recent months, the U.S. business world has been hit with troubling economic news, ranging from the subprime mortgage crisis to the Bear Stearns bailout to the plummeting value of the dollar. Paul Solman explains the factors that have led to the recent downturn. Continue reading

Page 2 of 4123Last »