housing crisis

Federal Reserve Report: One-Quarter Of US Families 'Just Getting By'A Federal Reserve report finds that Americans are continuing to struggle even five years after the Great Recession, with one-quarter of U.S. families saying they are “just getting by.”
Federal Government To Privatize Troubled MortgagesThe government has opened a program for investors to buy troubled mortgages in hard-hit areas and work out terms with homeowners in an effort to avoid foreclosures.