Word: arens
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Dates: during 2000-2009
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...first blush, the notion seems like a win-win-win. Former homeowners get to stay in their houses; even if a mortgage payment isn't affordable, market rent may be. Neighborhoods ostensibly benefit too, since it's safer - and better for property prices - when blocks aren't full of foreclosure-related vacancies. And lenders? Turning properties into rentals until the market rebounds may sound like an appealing alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill...
...loan modifications aren't the long-term success the Administration is banking on, people will wind up losing their homes to foreclosure anyway, and the number of repossessed properties owned by banks will again swell. According to foreclosure tracker RealtyTrac, the number of foreclosure notices nationwide has been ticking down past three months, but the number of notices are still running about 19% higher than last year. Considering high unemployment and how many people still owe more on their mortgages than their houses are worth, there might be a chance yet for attention to turn to the idea of renting...
Well, you might want to calm down. Richard J. Pollack, a research associate with the Harvard School of Public Health, says that head lice (Pediculus capitis) just aren't that big of a deal. And your elementary school principal, well he is probably among the ranks of school administrators nation-wide who overreact about these harmless creatures...
...million U.S. troops back home from Iraq and Afghanistan want is to be asked to serve again, this time on the home front. That, at least, is the conclusion of a new study that highlights many vets' hunger to serve in their communities and their frustration that their talents aren't being tapped. "We now know that veterans who serve" their communities after shedding their uniforms "have better transitions," says John Bridgeland, chief of Civic Enterprises, the public-policy group that conducted the landmark survey, which was funded by Target and the Case Foundation. (Watch a slide show...
...important issues. "Five or 10 years from now, maybe, this bill will seem as a success, who knows?" says Charlie Cook, editor of the nonpartisan Cook Political Report, which tracks congressional races. "But I don't think it will give Democrats a lift next year." Perhaps. But most Democrats aren't eager to see what kind of lift the Republicans will get if the Democrat majority can't pass the legislation they've spent the past 12 months talking about...