Stories Tagged as
Housing
More mortgages gone bad
Jun 13, 2007
Looks like we haven't seen the worst of the foreclosure crisis yet. New data shows filings are up significantly. The outlook for the real estate market is grim, and it could be bad news for the economy as well, Steve Tripoli reports.
Brick rustlin' on the rise
Jun 13, 2007
Rich clay deposits once made St. Louis the nation's brick capital. Today its distinctive red bricks are a hot commodity for builders -- so hot that some people are stealing entire walls off old buildings. Matt Sepic has the story.
Guardian service helps those without support
by
Alisa Roth
Jun 11, 2007
A New York nonprofit group is serving as a guardian for persons who for reasons of age, illness or disability can't care for themselves. It's good for the people — and the state, too. Alisa Roth reports.
Housing slumps, but homes still pricey
Jun 11, 2007
Stagnating wages combined with a growing number of house-hungry families could lead to a housing affordability challenge that could have ripple effects for the U.S. economy. Steve Tripoli reports.
Mortgage fraud's costs go beyond the loan
Jun 7, 2007
Widespread mortgage fraud has completely skewed home prices in some neighborhoods and raised questions about the late days of the housing boom. Mhari Saito reports.
Homebuilders storm the Hill
by
Steve Henn
Jun 6, 2007
After enjoying years of unbridled growth, many homebuilders say they're now sinking along with the subprime lending market. So 1,300 of them are in Washington today to ask for help, and they have some unlikely allies, Steve Henn reports.
Weak housing market hits home goods
Jun 5, 2007
Retailer Bed, Bath and Beyond saw shares fall 5.4% today on news that first-quarter earnings would be below expectations. Some analysts are pointing the finger at the weak housing market. Jeremy Hobson reports.
For public good, not for profit.
Lone Star thinks it's got a prime choice
Jun 4, 2007
Private equity firm Lone Star Funds will pay $400 million for Accredited Home Lenders. Lone Star's not the only buyout gang throwing money at sub-prime's corporate wreckage. Steve Tripoli reports.
Insurance premiums on fire
by
Bob Moon
Jun 4, 2007
Homeowners in high-risk wildfire areas in the West are facing sharply higher insurance premiums — and threats of policy cancellations. The industry says it's just being realistic. Watchdog groups say insurers are padding profits. Bob Moon reports.
Massachusetts goes after mortgage predators
Jun 1, 2007
The Bay State's attorney general is cracking down on scam artists who promise to rescue homeowners from foreclosure but are actually out to steal their homes. Steve Tripoli reports.