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...chance you have the Federal Housing Administration to thank. The Depression-era agency, once the last resort of folks who were less-than-perfect credit risks, was practically forgotten during the real estate boom - anyone with a pulse qualified for a mortgage. Now the FHA has resumed its old role by propping up the housing market, since private lenders began shunning all but the least-risky loans. The FHA doesn't lend directly but rather entices lenders do so by agreeing to cover any losses. The FHA stood behind fewer than 3% of new mortgages in 2006. In 2009, just...

Author: /time Magazine | Title: FHA: Housing's Safety Net Begins to Fray | 11/14/2009 | See Source »

...faith, some Muslim women refrained from going outdoors immediately after the attack, forgoing mundane tasks like grocery shopping. Abdelazeem's wife, Sahar, 36, was on the base when the shootings began; she teaches Arabic there. The family has lived in Killeen for 17 years and has a nine-year-old daughter. Abdelazeem says his wife was worried about going back to work the day after the shooting. "I didn't want to go to work," Sahar tells TIME. "My nine-year-old asked me, 'Why are you afraid to go out Mommy? No one is going to hurt you.'" Indeed...

Author: /time Magazine | Title: A Muslim Community Moves On After Ft. Hood | 11/14/2009 | See Source »

...effort towards collaboration is a transition away from the emphasis on growth that has led the 370-year-old system to expand into one of the top five largest libraries in the world...

Author: By Elias J. Groll, Noah S. Rayman, and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Library System May See Changes | 11/13/2009 | See Source »

...often, however, he writes in a voice so chronically self-indulgent that by the end of this monumental poem even its most grandiose aural gestures are reduced to ambient noise. Alexander has chosen a deeply unusual setting for his epic: both Sri Lanka and old-fashioned nautical adventuring are idiosyncratic interests for an American poet. The island, despite its physical loveliness and tragic recent history, is yet to inspire a fitting work of poetry or prose, and for all its ambition, “The Sri Lankan Loxodrome,” does not do justice to its subject...

Author: By Keshava D. Guha, CRIMSON STAFF WRITER | Title: An Epic Poem Wanting Ambition | 11/13/2009 | See Source »

...killings of 13 soldiers at Fort Hood, Texas, a complex, keenly balanced legal process kicked in: the Uniform Code of Military Justice (UCMJ). The code demands both speed and balance, experts say, and sets up the process for a court-martial that would have the 39-year-old Army psychiatrist judged by a jury of his fellow officers not for what motivated him but simply for what...

Author: /time Magazine | Title: How the Military Will Try Nidal Hasan | 11/13/2009 | See Source »

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