Chris Arnold

NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition. He joined NPR in 1996, and was based in San Francisco before moving to Boston in 2001.

Arnold is currently covering the collapse of the housing market. He's reported on how a breakdown in lending standards has led to the highest foreclosure rate in the United States in more than 50 years. For his series on the sub-prime lender Ameriquest, he interviewed former employees from around the country who described widespread fraud at the company's offices. With more than a million people now facing foreclosure, Arnold continues to cover the ongoing crisis and the efforts to resolve it. For this work, Arnold won the Newspaper Guild's 2009 Heywood Broun Award for broadcast journalism. He has also been honored by the Scripps Howard Foundation as a finalist for their National Journalism Award, and he won an Excellence in Financial Journalism Award from N.Y. State's society for CPA's.

Arnold has covered a range of other subjects and stories for NPR – from Katrina recovery in New Orleans and the gulf coast, to immigrant workers in the fishing industry, to a new kind of table saw that won't cut your fingers off. He traveled to Turin, Italy, for NPR's coverage of the 2006 Winter Olympics. He has also followed the dramatic rise in the numbers of teenagers abusing the powerful and highly addictive painkiller Oxycontin – more than 1 out of 20 high school seniors report using the drug.

In the days and months following Sept. 11, 2001 attacks, Arnold reported from New York and contributed to the NPR coverage that won the Overseas Press Club and the George Foster Peabody Awards. He chronicled the recovery effort at Ground Zero, focusing on members of the Port Authority Police department, as they struggled with the deaths of 37 officers - the greatest loss of any police department in U.S. history. Arnold followed the lives of those who lived and worked around ground zero - from bond-traders and Chinatown garment sewers to small business owners - as they sought to put their lives back together again.

Prior to his move to Boston, Arnold traveled the country for NPR doing feature stories on entrepreneurship. His pieces covered technologists, farmers, and family business owners. He also reported on efforts to kindle entrepreneurship in economically disadvantaged areas ranging from inner-city Los Angeles to the Pine Ridge Indian reservation in South Dakota.

Arnold has worked in public radio since 1993. Before joining NPR, he was a freelance reporter working out of San Francisco's NPR Member station, KQED.

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5:55am

Sat June 2, 2012
Economy

Europe's Debt Weighs On U.S. Employers

Originally published on Sat June 2, 2012 9:01 am

Transcript

SCOTT SIMON, HOST:

So, why is job growth slowing? Well, part of the problem, as we just heard, appears to be in Europe. The economic turmoil there is looking worse, and that has ripped into the U.S. economy and slowing down hiring. NPR's Chris Arnold has more from Boston.

CHRIS ARNOLD, BYLINE: The weather this week was beautiful in Boston, so it's perfect for tourists having lunch outside by the harbor or taking a trolley bus around to do some sightseeing.

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2:48am

Thu May 24, 2012
Business

Reports For Housing Industry Appear Promising

Originally published on Thu May 24, 2012 4:17 am

The latest reports show that both new and existing home sales are up. What's spurring the improvement, and can it last? Not all economists, however, are optimistic.

3:59pm

Tue May 1, 2012
Crisis In The Housing Market

Time To Trade The Lease For A Mortgage?

Originally published on Wed May 9, 2012 8:44 am

Credit Steven Senne / AP

This week, the U.S. Census Bureau announced that in the first quarter of 2012, the American homeownership rate hit its lowest level in 15 years. During the housing boom, millions more Americans bought homes, bumping the rate to nearly 70 percent. Now, that buying spree has been replaced with millions of foreclosures, and most of those gains have been lost.

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1:23am

Mon April 16, 2012
Crisis In The Housing Market

Hoping For Payout, Investors Become Landlords

Originally published on Mon April 16, 2012 3:08 am

Credit Joe Raedle / Getty Images

The housing market has a new frontier — turning foreclosed homes into rental properties. Some big-time investors are starting to buy up thousands of homes to turn into rentals. That might help shore up home prices. But some housing advocates are nervous.

For decades, most single-family homes available for rent have been owned by mom-and-pop landlords. Sometimes it's the nice old guy up the street who owns a couple of rental homes, and some even offer advice on the Internet.

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12:53am

Wed April 11, 2012
Crisis In The Housing Market

Fannie, Freddie Weigh Mortgage Write-Downs

Hundreds of thousands of homeowners facing foreclosure might get help by having the amount they owe reduced by Fannie Mae and Freddie Mac.

This is a hot topic in Washington, D.C., with many Democrats pushing for these so-called "principal reductions" to try to help the housing market. On Tuesday, a top federal regulator came a step closer to allowing the move.

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