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Top of the Hour: Foreclosures Killing Neighborhoods, Morning Headlines

As foreclosures continue around the country, neighborhoods — and the important social fabric they create in communities — are taking a hit. 

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Home Prices Fall, Hitting New Low

The S&P/ Case Shiller index shows that housing prices in 20 areas fell in March, reaching a new low. "the reality is that housing activity, broadly speaking, is pretty depressed," says Kelly Evans,...

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Fabrice Tourre, Face of Mortgage Securities Fraud

Louise Story, Wall Street and finance reporter for The New York Times investigates the lawsuit against Fabrice Tourre, a young Goldman Sachs employee who is the sole person being sued by the S.E.C. for...

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Your Take: Is It Better to Rent or Own?

Housing prices have dropped to nine year lows in most major cities according to last weeks' S&P/Case-Shiller home price index. Over 2 million homes are in foreclosure. What do you think? Listener,...

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Justice Dept. Probes Standard & Poor's on Mortgage Crisis

As we learned last week the decisions of one rating agency can cause a lot of economic volatility. But according to an exclusive piece from our partner The New York Times this morning, the Justice...

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Inside Bank of America's Woes and Warren Buffett's Mind

Since the beginning of the year, Bank of America has lost more than half of its stock market value. Earlier this month, AIG sued the bank behemoth for alleged mortgage securities fraud, and just this...

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Steep Increase in August Foreclosure Filings

A report by RealtyTrac on Thursday revealed default notices filed by banks — which represent the first step in the foreclosure process —were up 33 percent in August from July. Many analysts believe...

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How Serious Are the SEC's Charges Against Fannie Mae and Freddie Mac?

Coming up, Joe Nocera, New York Times Op-Ed columnist joins The Takeaway to discuss what the SEC's charges against mortgage giants Fannie Mae and Freddie Mac really tell us about the federal agency.

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Falling Home Values Hurt Property Tax Revenues for Local Governments

Local governments across the country are only now starting to feel the worst effects of the now five-year-old housing crisis. As property assessments finally start to reflect falling home values, local...

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What the Mortgage Settlement Means for the Housing Market

On Thursday the government approved a $26 billion settlement for homeowners who’ve been foreclosed upon or are currently at risk. Approximately two million Americans will get a $1,800 settlement check,...

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Foreclosure Filings Fell Three Percent in 2012

Housing industry analyst RealtyTrac released its 2012 Year-End Foreclosure Market Report today. In it is a bit of good news: There was a three percent drop in foreclosure filings in 2012 compared to...

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A Tale of 2000 Cities: The Housing Market and the Economy

For many Americans, the home is a family's single most valuable and viable economic asset. Times are good when you're in the clear and not so good when you're under water.And according to a new report...

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Houston revisits parking ordinance

(KUHF, Houston, April 14) The city of Houston has long held the assumption that driving drives business, and businesses must provide for drivers. But as that city begins to look at denser development,...

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30-Year Fixed Rate: Yea or Nay

David Min, associate director for financial markets policy at the Center for American Progress, and Michael Lea, director of the Corky McMillin Center for Real Estate College of Business Administration...

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Financial 411: Stocks Surge on Strong Earnings

Dow at highest level since 2008What a difference a few days make. The week started off with a sharp drop in the stock market after S&P lowered its outlook on U.S. debt. But Wednesday, stocks soared...

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Financial 411: Tracking Changes in the Housing Market

What is up with the housing market? On Wednesday, the government said new home construction fell nearly 11 percent in April. But Thursday, we expect the National Association of Realtors to tell us that...

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Financial 411: Case-Shiller Confirms Housing Dip

Housing Continues Its SlumpHome prices have reached their lowest level since the housing bubble burst in 2006.They're being pushed down by foreclosures, a glut of unsold homes and the inability or...

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BoA, QE2, EU: What To Do?

Welcome to Politics Bites, where every afternoon at It's A Free Country, we bring you the unmissable quotes from the morning's political conversations on WNYC. Today on the Brian Lehrer Show, Nicole...

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Housing Numbers Improve with Rentals

Dan Gross, columnist and economics editor at Yahoo! Finance, looks at the improving picture in national housing data.

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Stimulus Dollars Protected Classrooms: Fed Study

New York and New Jersey were able to avoid big cuts to instruction in their public schools thanks to the U.S. government's stimulus spending, according to a new report by the Federal Reserve Bank of...

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