Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
Several of the largest U.S. public home builders will report earnings next week, and analysts are looking for guidance as to whether the housing recovery may be stalling.
Rough winter weather across much of the US at the start of this year apparently did not keep home buyers away. Contracts to buy existing homes in January rose to the highest reading since April 2010.
Home sales are slowly climbing back thanks in some part to the so-called "strategic defaulters" - investors and homeowners who once walked away from their commitments but are now coming back to the market.
CNBC's Scott Cohn and David Faber discuss the latest moves in Standard and Poor's parent company McGraw Hill, after a civil lawsuit was declared on S&P by the DOJ.
The Department of Justice targeting Standard and Poor's with a civil lawsuit, with CNBC's Scott Cohn; and James Gellert, Rapid Ratings International CEO, provides perspective.