August 16, 2012 Over the past four years, Bruce Marks has been on a traveling road show to help people avoid foreclosure. He says his nonprofit, the Neighborhood Assistance Corporation of America, has helped more than 200,000 people get their payments lowered so they can afford to keep their homes.
August 12, 2012 As more areas are becoming overfished, fishermen and scientists in Maine are developing a way to farm scallops instead of catching them. It's said to be safer for the environment and brings in more money, but the method isn't approved yet.
July 31, 2012 A federal regulator is blocking the government-owned mortgage giants Fannie Mae and Freddie Mac from reducing the principal that homeowners owe on their mortgages in order to avoid foreclosures.
June 27, 2012 Mortgage giants Fannie Mae and Freddie Mac have been vilified for their role in the housing collapse. Key employees have left as morale has plummeted. But the two organizations are key to the functioning of the U.S. housing market, leaving some observers concerned about the ongoing brain drain.
June 14, 2012 The housing market is finally showing signs of a comeback, according to an annual study from Harvard. Home prices have stopped falling in many areas, and buyers are growing more confident. But, though mortgage interest rates are at record lows, banks are often cautious to lend.