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...What accounts for the disappointing pace? According to Treasury and HUD, servicers aren't spending enough money or energy to make the program work. Treasury and HUD want the companies to add more staff, expand their call centers, train their representatives better, put more information online and create a system for dissatisfied borrowers to appeal their cases. To shame the firms into better participation, the government said that in August it will start revealing the number of modifications at each company and the long-term success of those rewrites...

Author: /time Magazine | Title: Why the Banks Aren't Modifying Home Loans | 7/30/2009 | See Source »

...problem. The hipsters who will be the dead end of Western Civilization are the ones who add nothing new or original and simply recycle and reduce old trends into a meaningless meme. It's for that reason that when Williamsburg's hipster playland is in crisis, there aren't many who are concerned...

Author: /time Magazine | Title: Hipsters | 7/29/2009 | See Source »

...helps form in order to bolster response rates. In Southern California alone, there are seven or eight Burmese Buddhist temples, he says. So since the fall, Naing has been traveling the country, explaining to Burmese groups that the Census counts everybody - citizen or not - and that the data collected aren't shared with other parts of the government, like immigration or taxing authorities (common fears that drive down response rates among many minority groups, including blacks and Hispanics...

Author: /time Magazine | Title: The Census Games: Groups Gear Up to Be Counted | 7/29/2009 | See Source »

...impact. Only a few dozen people have used the Twitter map to send their thoughts to McCain, and he responded with a tweet of his own: "According to Rasmussen, 52% of AZ voters oppose the current Health care reform plan - I agree, we need the right reform." Tweets clearly aren't changing any hearts or minds there...

Author: /time Magazine | Title: Tweeting for Health-Care Relief | 7/29/2009 | See Source »

...There aren't many people who would think of siting dairy farms on a 3,000-ft.-high (900 m) plateau in the middle of impenetrable rainforest, but then there aren't many families as dogged as Australia's O'Reilly clan, who in 1911 did just that - selecting an area close to the Queensland-New South Wales border. Gluttons for punishment, they opened a guesthouse on their property in 1926, despite the fact that it took visitors two days by rail, wagon and horseback to get there from Brisbane...

Author: /time Magazine | Title: The Luck of O'Reilly's Rainforest Retreat | 7/29/2009 | See Source »

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