Word: backings
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...bigger question looming over the FHA, though, is this: At what point does a federal housing agency start to pull back and force private players to resume responsibility for the loans they make? The FHA was founded in 1934 as a way to extend the prospect of homeownership to people who wouldn't otherwise be able to afford it. The agency's low down-payment requirement - itself the subject of some controversy - is designed to help deserving if underqualified people get a foothold in property ownership. The FHA was never meant to be the primary way America finances its home...
...meantime, watch your back, Gossip Girl...
Last April, we found out that the acceptance rate for the class of 2013 was about 7 percent. That’s a number to make even some of us upperclassmen feel insecure. (Back in our day, we were admitted at the embarrassingly bloated rate of about 9 percent. Good thing we managed to slip in when we could.) These days, we wonder, could there be a statistically more impossible dream than getting into Harvard...
...relations with the Democrats, most notably when he endorsed Republican John McCain for President and vociferously campaigned for him - often sharply criticizing Barack Obama. Soon after, his Senate Democratic colleagues voted on whether to allow him to stay in their caucus. With the support of Obama, Lieberman was welcomed back and allowed to keep his committee chairmanship.(See pictures of Barack Obama's presidential campaign behind the scenes...
...down even further, over 80% of Democrats - and this is going to be a Democratic bill - want a public option," says Senator Bernie Sanders of Vermont, the only other independent in the Senate. Sanders was one of a handful of Dems who voted to boot Lieberman from the party back in January and says that if given the chance, he'd do it again. Rumors have swirled on Capitol Hill and on liberal blogs that if Lieberman follows through with his threat, he could face such a vote, though Sanders demurs. "I leave that to Senator [and majority leader Harry...