All Things Considered

Monday-Friday 3-5PM
Michele Norris & Robert Siegal
Melissa Block
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4:40pm

Wed February 29, 2012
Crisis In The Housing Market

Fannie, Freddie Won't Write Down Mortgage Principal

Many experts say reducing mortgage principal can help troubled homeowners stay in their homes. But two of the nation's largest mortgage holders, Fannie Mae and Freddie Mac, have not signed on to the idea.
Justin Sullivan Getty Images

Despite some green shoots in the economy, the housing sector remains weak. With 11 million Americans still underwater on their mortgages, some housing experts believe it's time for more dramatic solutions.

The idea of reducing the principal on the loans of underwater homeowners used to be a fringe concept, embraced by a few outliers. Today, many policymakers believe principal reduction is necessary to keep some troubled homeowners afloat.

But so far, the nation's biggest mortgage holders, Fannie Mae and Freddie Mac, haven't embraced the idea.

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4:31pm

Wed February 29, 2012
Movies

Hollywood, Pentagon Have Complicated Relationship

Originally published on Wed February 29, 2012 6:02 pm

On its opening weekend, the Navy SEAL's movie Act of Valor grossed over $20 million at the box office. The military movie is believed to be the first to feature active duty military personnel as actors in the film.

3:58pm

Wed February 29, 2012
Election 2012

Romney Still Unable To Drive Away Opponents

Originally published on Wed February 29, 2012 7:34 pm

Former Massachusetts Gov. Mitt Romney shakes hands at a campaign rally at Capital University in Bexley, Ohio, on Wednesday.
Justin Sullivan Getty Images

Mitt Romney's decisive victory in Arizona on Tuesday won him every one of that state's 29 delegates in what was a winner-take-all election. But it was quite a different story in Michigan.

Even though Rick Santorum finished 3 percentage points behind Romney, Santorum ended up with the same amount of delegates: 15. That's because Michigan awards most of its delegates according to congressional districts.

Every one of the 10 states voting next week on Super Tuesday will also award delegates on a proportional basis.

Picking Up Delegates

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3:53pm

Wed February 29, 2012
Around the Nation

Severe Storms Leave Nine Dead In Midwest

Originally published on Wed February 29, 2012 7:34 pm

Transcript

ROBERT SIEGEL, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. Deadly tornadoes swept through the Midwest overnight and this morning, killing at least eight people. The storm system hammered parts of Nebraska, Kansas, Missouri, Illinois and Kentucky, where it still poses a threat.

As NPR's David Schaper reports, hardest hit is the small city of Harrisburg in southern Illinois.

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2:00pm

Wed February 29, 2012
NPR Story

Former GOP Chairs Weigh In On Upcoming Primaries

Robert Siegel talks to three former GOP party chairmen and governors about the results of Tuesday's primaries in Michigan and Arizona. Haley Barbour of Mississippi says the campaign should now focus on social issues. Marc Racicot of Montana agrees, but says attention must be paid to those who care about such issues, and Jim Gilmore of Virginia says he feels a connection must be made between the GOP and blue collar voters.

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