Word: collectively
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Dates: during 2000-2009
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Look under the hood of a bond called Jupiter High-Grade CDO V, and you can understand why we're in trouble. Bankers from the 1970s, when mortgage bonds first took off, would hardly recognize Jupiter. Unlike a traditional bond, Jupiter's underwriter does not buy people's mortgages, collect the payments and pass them on to its investors. Instead, Jupiter holds other mortgage bonds--and not just any. Jupiter's investments are made up of the riskiest portions of other bonds, some of which are themselves a collection of other poorly rated mortgage bonds. In a rising real estate...
...first proposal dealt with how the Carpenter Center is meant to interface with students. I thought, could I do a piece that would circle around all those interests the fact that the student population is very important to this community, as is archive life?I wanted to collect saliva from students of color and urine samples from the white students, to display them, and to let them age over time to see what kinds of information—just by looking at them visually—could they tell us about these populations. But of course we ran into legal...
Under the new plan, servicers, the companies that collect mortgage checks, will be paid $1,000 every time they cut the interest rate on a loan to reduce the monthly payment to no more than 38% of a borrower's gross income. The government will split the cost of reducing the debt-to-income ratio further than that, down to 31%. Both servicers and borrowers will be paid up to $1,000 a year (for three and five years, respectively) for keeping the loan current...
...Bergé moved out of the Rue de Babylone apartment 20 years ago, though the pair continued to collect together. The entire collection was bequeathed to Bergé when Saint Laurent died, and he knew almost right away that he would sell it all, with the proceeds - estimated to top $250 million - destined for AIDS research and a Saint Laurent museum. "Since Yves died, the collection has lost its sense," says Berg...
...short on her first shot. “The free throw was so unlike her,” Tay said. “She’ll probably not miss another one for the rest of the year.”Berry, though, was able to collect herself and hit the second to pull Harvard to within one.Knowing that it needed a stop, the Crimson stood strong on the defensive end of the floor, forcing a bad Lions miss. However, Columbia grabbed the offensive board and was able to call timeout with five seconds left on the shot clock.Off...