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Advocates Not Impressed With Foreclosure Settlement

President Obama is touting Thursday's mortgage foreclosure settlement with big banks. Nearly two million people could benefit from the landmark settlement between states and big mortgage companies. But many homeowners and former homeowners are not too excited about the deal.

Obama To Release Fiscal 2013 Budget Next Week

President Obama will unveil his budget for the next fiscal year on Monday. To find out more about the budget proposal, Steve Inskeep talks to David Wessel, economics editor at The Wall Street Journal.
WAMU 88.5

MWCOG: Addressing The Capital Region's Health Before Federal Spending Cuts

David Robertson, executive director for the Metropolitan Washington Council of Governments, is stepping down next year, but he has a number of ideas how the region can ride out the cuts to federal spending in the region.


Birthplace Of 'Robo-Signing' Eyes Deal Critically

On Thursday, the federal government reached a $26 billion deal with the nation's largest banks to compensate homeowners. In Florida, where a lawyer uncovered and named the rushed mortgage-approval process, some lawyers and homeowners say technical issues and trust battles remain for courts and the banks.
WAMU 88.5

Area Attorneys General See Local Impact Of Mortgage Settlement

A landmark settlement with five major banks will provide some overdue relief for area homeowners, many of whom were the victims of deceptive and and unjust foreclosure processes, including "robo-signing."


The GOP Elixir: Candidates Campaign On Tax Cuts

All four of the remaining Republican presidential candidates have proposed cutting business and personal income taxes — the only difference is by how much.

The Mortgage Deal: A Reality Check

The $26 billion settlement reached by the federal government, most states and the nation's largest banks to compensate homeowners for abusive foreclosure practices is unlikely to end the housing crisis, analysts say. It could also lead to a new round of foreclosures, which would drive prices even lower.