Mar 10 ProPublica’s Mortgage Mod Squad: HAMP’S a Flop By Diane Lincoln Estes, Paul Solman As you've probably heard by now either on our program or elsewhere, the administration's Home Affordable Modification Program (HAMP for short) has been a disappointment -- to put it generously. The program, announced back in February 2009, aimed to… Continue reading
Mar 02 Obama’s Foreclosure Program Slammed Anew for Ineffectiveness Two years after it was launched with far more ambitious goals, the Obama administration's main program to prevent foreclosures came under fire in Congress Wednesday while the Treasury Department received a final barrage of criticism from the departing inspector… Continue reading
Feb 11 Obama Administration Spells Out Endgame for Fannie, Freddie In a long-awaited report, the Obama Administration unveiled a series of proposals today calling for the eventual end of the troubled and often-criticized mortgage financing giants, Fannie Mae and Freddie Mac. Treasury and housing officials proposed options for a new… Continue reading
Feb 11 Obama Administration Unveils Fannie, Freddie Proposals to Much Debate More than two years after the housing bubble collapsed and the financial crisis struck, one debate that looms large in Washington is about to be re-ignited Friday morning: What can and should be done about the housing giants Fannie… Continue reading
Dec 21 Watch Census: U.S. West’s Population Overtakes Midwest’s New Census numbers out Tuesday show that the U.S. population has grown to 308.7 million, but the rate of growth has slowed in the past decade. Census Director Robert Groves goes over the numbers with Judy Woodruff. Continue watching
Dec 07 Q&A: Ireland’s Housing Market Boom Goes Bust Ireland now faces the toughest budget in its history, and many wonder how a country once heralded as an economic beacon for smaller nations could have run into such troubles. Could housing, a big factor in its boom and bust,… Continue reading
Nov 25 Economic Justice for Struggling Homeowners – And The Rest Of Us? By Elizabeth Shell Is it just to bail out homeowners? Mortgage modifications help homeowners stay put. But is that fair to those of us who bought when the market was high, and yet continue to meet our contractual obligations? Paul Solman… Continue reading
Nov 25 Economic Justice for Struggling Homeowners – And The Rest Of Us? By Elizabeth Shell Editor's Note: Is it JUST to bail out homeowners? Mortgage modifications help homeowners stay put. But is that fair to those of us who bought when the market was high, and yet continue to meet our contractual obligations? Paul Solman… Continue reading
Nov 24 What Does Justice in the Foreclosure Crisis Look Like? 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 Wednesday's query: An amended answer today to a question answered imperfectly (or worse) last month. Continue reading
Nov 24 What Does Justice in the Foreclosure Crisis Look Like? By Elizabeth Shell An amended answer today to a question answered imperfectly (or worse) last month. The email, from Bruce Temple, was in response to one of our stories on the foreclosure crisis and read as follows: In tonight's episode you asked… Continue reading