Word: closedness
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More concrete success can be seen in another part of the Administration's original plan. The government has made it possible for homeowners with little or no equity to refinance into cheaper loans - a particularly tough trick to pull off with tighter lending standards. Loans owned or guaranteed by Fannie...
With mortgage rates near all-time lows, interest in this program is running extremely high. In the first few weeks of April, Fannie Mae had 1.2 million homeowners check its website to see if their mortgages qualified. During that time, Fannie received some 22,000 refinance applications from people who...
That fluidity was perhaps the only certainty of the fast-changing situation. On Monday morning, a 5.6 earthquake in Mexico added to that country's woes, where the death count from suspected swine flu cases had climbed to 152 and more than 1,600 people across the nation had fallen...
The Obama Administration fully realizes this, which explains the moderate path it has chosen to follow. The President has asked the Senate Intelligence Committee to, behind closed doors, peer into the torture(d) past, but opposes a Truth Commission supported by Senate Judiciary Committee Chairman Patrick Leahy and House Speaker...
It was, of course, the weekend that saw the swine flu panic grip Mexico and, quickly after that, much of the world. At the toll booths on the road back to the capital, health personnel were distributing pamphlets with instructions. They were also handing out surgical masks. Insurgentes, the main...