Word: courting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Lenders are rethinking their reliance on credit scores. In the past year, an increasing number of banks have begun turning to court documents, phone bills and other nontraditional ways of measuring creditworthiness to bolster their lending decisions. The shift comes at a time when the financial industry is suffering from a record number of loan defaults, particularly in the mortgage business. Industry experts say the widely used credit scores, the most famous of which is called the FICO, have not proved as effective in ferreting out bad borrowers as many lenders had anticipated. (Read TIME's "Bailout Report Card...
...have had very solid growth this year," says Thomas Brown, vice president of financial services at LexisNexis, who also helps run RiskView, a service that uses such public filings as court records and property deeds to assess credit risk. "Our data [are] being seen as useful by a wider variety of lenders...
...thankful that Illinois’ secretary of state could block the nomination in his refusal to certify it. While the secretary should not have veto power over gubernatorial appointments under normal circumstances, this situation seems extraordinary enough to warrant this check on the Governor. We hope that the Supreme Court of Illinois will intervene to clarify conditions under which such intervention may be legal. We recognize the need for this situation to be resolved a swiftly as possible, but haste is no substitute for legitimacy. Five of the past 10 Illinois governors have faced criminal charges...
...going to happen. Indeed, it seems probable that nothing much is going to happen to the Bush Administration officials who perpetrated what many legal scholars consider to be war crimes. "I would say that there's some theoretical exposure here" to a war-crimes indictment in U.S. federal court, says Gene Fidell, who teaches military justice at Yale Law School. "But I don't think there's much public appetite for that sort of action." There is, I'm told, absolutely no interest on the part of the incoming Obama Administration to pursue indictments against its predecessors. "We're focused...
...combination of spending cuts and tax hikes on sales, gas and income, melt the deficit by $18 billion. However, this week Schwarzenegger rejected the plan, saying his demands, like limiting environmental protections on public-works construction, were not met, and the Republicans filed a suit in state appeals court in an effort to block this sort of majority-vote proposal from occurring again. The pressure is on for the parties to quickly come up with a working budget before the well runs dry in February. In the meantime, all the political feuding has left the state's citizens wondering exactly...