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...rise is the widespread use of so-called "interest-only" loans, which start out exceptionally low but which can jump suddenly and force homeowners to bail on their properties. When some interest-only mortgages start to amortize, monthly payments can increase by thousands of dollars. In places like Denver, Colorado, where an estimated half of all home loans made last year were of the interest-only type, that can spell disaster...

Author: /time Magazine | Title: Interest Rates and Your Real Estate Options | 8/9/2005 | See Source »

...help encourage openness, over the past few years, such states as Florida, North Carolina, Missouri, Illinois, Colorado, Arizona and Oregon have passed bills under which a doctor's apology for a medical mistake or expression of sympathy is inadmissible in civil court. A few like Pennsylvania are even mandating the prompt, formal disclosure of any such errors to patients and state authorities. Legislation has been introduced in Congress to help set up similar pilot programs in other states, and President Bush recently signed a bill establishing a confidential and voluntary system for reporting medical errors. In addition to giving people...

Author: /time Magazine | Title: When Doctors Say, "We're Sorry" | 8/8/2005 | See Source »

...seven years and more than $19 million trying in vain to clone a dog. Texas A&M researcher Mark Westhusin, whose team cloned a cat on its second try in 2001, abandoned the dog-cloning project several years ago. When the company approached reproductive physiologist George Seidel Jr. of Colorado State, he wouldn't even...

Author: /time Magazine | Title: Woof, Woof! Who's Next? | 8/7/2005 | See Source »

...When that wish turns into a need to control what your family does after you are gone, however, it's far less healthy for everybody. Only you can look inside yourself and figure out which motive is driving you. That said, you should be comforted by knowing that in Colorado, as in most states--according to Mark D. Masters, past chairman of the Colorado Estates and Trusts section of the American Bar Association--no new wife can inherit your estate as long as it remains in your trust, prenup or no. It's puzzling that your husband doesn't just...

Author: /time Magazine | Title: Ask Francine | 8/7/2005 | See Source »

This year’s draft was abridged from nine rounds to seven, and though the Harvard coaching staff had spoken to representatives from the Boston Bruins, the Colorado Avalanche and the L.A. Kings, nobody had spoken to Nashville, the club that made the winger the 176th overall pick of the draft...

Author: By Rebecca A. Seesel, CRIMSON STAFF WRITER | Title: Maki One of Eight ECAC Skaters Drafted | 8/5/2005 | See Source »

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