Steven Preston, Housing and Urban Development secretary, sees 2009 as a better year, even if some regions lag.
As venerable Wall Street firms succumb to the home loan crisis, focus shifts to limiting taxpayer cost.
The mortgage giants used everything from lobbying to charity to maintain their special status.
The rescue of Fannie and Freddie may have opened a new era of federal intervention in business.
The budget deficit doubled in the past year, escalating the finger-pointing in Congress.
A disconnect: Pocketbook well-being has fallen behind productivity gains.
Both candidates back US takeover. But McCain sees some level of privatization; Obama is less specific about what comes next.
The final tab may exceed that of the savings and loan bailout, depending on the depth of the housing slump.