Recent evidence suggests housing is rebounding, but many mortgage holders who face financial problems because of the recession have a tough climb to modify their loans and keep their homes out of foreclosure. (Dec. 16)
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Two of the TARP program’s largest recipients say they deeply appreciation taxpayers aid this year. As Wyatt Andrews reports, bank executives were avoiding being government run.
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President Obama told top executives of the nation’s biggest banks that American taxpayers bailed them out, now it's time to start giving back. As Chip Reid reports, Obama was firm, but positive.
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Home builder Hovnanian Enterprises drastically misses it’s fourth-quarter earnings estimate. Dow Jones Newswires' Dawn Wotapka joins Kelsey Hubbard on the News Hub to discuss what Hovnanian's latest report says about the housing market.
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Bloomberg) — Jim Carr, chief operating officer at the National Community Reinvestment Coalition, talks with Bloomberg’s Betty Liu and Peter Cook about the shortcomings of the current distressed mortgage modification program. Carr also discusses the US foreclosure crisis and its impact on t...
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