The Consumer Financial Protection Bureau released new rules for mortgages this week. But neither the banking industry, nor consumer groups are completely happy. Host Michel Martin gets a sense of the current state of mortgages and foreclosures with real estate columnist Ilyce Glink and Keli Goff, political correspondent for The Root.
Tredaptive was never approved in the U.S., but it has been sold in many countries around the world. A large, international study found the drug did not reduce the risk of heart disease and stroke, yet did trigger some serious side effects.
The new, high-tech planes have suffered a series of problems in recent days — from fuel leaks to a fire. Investigators are going to focus on the 787s' electrical systems and manufacturing processes, according to news reports. The planes won't be grounded. Boeing and the FAA say they're safe.
Last summer, New York Times columnist Paul Krugman criticized the economic austerity of Estonia. The president responded with some profanity-laced tweets. A composer and financial journalist teamed up to produce an opera based on the exchange.
Five years ago Friday, Bank of America announced it was buying one of the nation's largest mortgage lenders. Bank officials thought the deal to buy Countrywide Financial would cement Band of America's place at the top of the commercial banking business. But it did not turn out that way.
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