Housing Market video and audio: WCVB's latest stories on business

14 Sep 2009

Economy 1 Year Later

It's been one year since Wall Street teetered on the brink of collapse. Americans lives were turned upside down, retirement plans were wiped out and longtime jobs were lost.

"… economy if we ended ended and recession sometime this summer and the housing market has shown signs of turning as well those two big things are starting to pump again. …" at 1:33

1 Spoken Highlight

1:51

5 Dec 2008

Bush Pushes Congress For Auto Loan

President George W. Bush says Congress should provide aid for U.S. automakers next week, but says the funds should come from an existing $25 billion account.

"… that will avoid preventable foreclosures. And speed -- a return to helping housing market. Interest rates help. -- housing market recovery interest rates mortgage rates are going now. And plus there's a number of programs in place to help Americans stay in …" at 1:29

1 Spoken Highlight

3:28

26 Nov 2008

Uncut: Obama News Conference, Nov. 26

Watch in its entirety President-elect Barack Obama's news conference in which he appoints former Federal Reserve Chairman Paul Volcker to head new Economic Recovery Advisory Board.

"… latest attempts by the treasury to make sure that. We have a housing market. In which credit is -- and that is looking at other areas of consumer. Credit like student loans or corals I think …" at 16:20

1 Spoken Highlight

17:26

26 Nov 2008

Obama: Help Is On The Way

President-elect Barack Obama announced a new advisory board to fix the financial mess. The new appointments come alongside a wave of poor economic reports.

"… of picks up the banks. How are they going to stabilize the housing market the Obama team has already chosen to raise his visibility in the midst of the crisis even as the which administration rolls …" at 1:07

1 Spoken Highlight

1:44

15 Oct 2008

Debate 3: Who Has Best Economic Plan?

In their third presidential debate, Sens. Barack Obama and John McCain are asked how their economic plans are better than their opponents'.

"… Freddie made. That cause sub prime lending situation. That now cause the housing market in America to collapse. I am convinced that until. We reverse this continued decline homeownership and put up for. And so that …" at 1:34

1 Spoken Highlight

10:38

10 Oct 2008

Bush Tries Again To Calm Financial Fears

In a Rose Garden speech, President George W. Bush said the federal government's financial rescue plan is aggressive, but will take time to work.

"… help. These actions prevent foreclosures. We're addressing a key problem in the housing market. The supply of homes now exceeds demand and as a result. Home values have declined. Supply demand balance out -- housing market will be able to recover. That would help -- broader economy begin to grow. Fifth we've seen the problems in the financial …" at 4:30

"… our disposal. We using these tools aggressively. Fundamental promise this. As the housing market is declined banks holding assets. Related to home mortgages -- suffered serious losses. As a result of these losses many banks lack …" at 0:20

"… engaging in illegal financial activities. Will be prosecuted. Fourth decline in the housing market has left many Americans struggling to meet their mortgages. Are concerned about losing their homes. Administration has launched two initiatives. To help …" at 3:39

3 Spoken Highlights

7:46

7 Oct 2008

Obama-McCain 2: What In Bailout Will Help Me?

In their second presidential debate, Sens. John McCain and Barack Obama are asked how the $700 billion bailout helps ordinary Americans.

"… it's not enough. That's why we're gonna have to go out and housing market. And we're going to happen I have these bad loans and we're going to have to stabilize house home values that we …" at 1:55

"… do. I think if -- we act effectively. If we stabilize the housing market which I believe we can we go out and buy up these bad loans so that people can have. In new mortgage …" at 5:56

2 Spoken Highlights

6:59

19 Sep 2008

Uncut: Paulson On Financial Crisis

Watch Treasury Secretary Henry Paulson's comments on the current financial crisis. Paulson says he's working on a plan that will cost "hundreds of billions" of dollars to stabilize the housing market .

"… economy and financial systems housing. And so we get stability in the housing market we are not going to get stability in our financial markets. When you worked with congress on a number of steps all …" at 8:10

1 Spoken Highlight

8:31

18 Sep 2008

Bush Pledges Help To Stabilize Markets

President George W. Bush says his administration is working to promote stability in the U.S. financial markets and the economy.

"… to ensure they can continue to play. A role in helping our housing market recover. This week. The Federal Reserve acted to prevent prevent the disorderly failure of the insurance company AIG. Development that could have …" at 0:42

1 Spoken Highlight

1:59

17 Sep 2008

Who Gets A Bailout?

AIG was saved, while Lehman Brothers was left to fend for itself. It may look arbitrary, but experts say there's a method to government rescue plans.

"… Officials feared Fannie and Freddie collapse would further -- the housing market Bear Stearns meltdown which -- and analysts say -- panic in the financial world. But more people -- Lehman's troubles coming -- …" at 0:28

1 Spoken Highlight

1:44