Word: covered
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Dates: during 2000-2009
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...going to work." And for a while, it did. The patient survived the operation, but the immunosuppressant drugs used to keep his body from rejecting the new organ weakened him. Eighteen days after the operation, he succumbed to pneumonia. (See Dr. Christiaan Barnard on the Dec. 15, 1967, cover of TIME...
...void left by the private sector, it has assumed the risks of those loans. And now that a growing number of people have stopped paying their mortgages, the FHA has had to pay out more in claims that it forecast. The agency has just $3.6 billion on hand to cover any unexpected losses in its $685 billion portfolio. That paltry level of reserve funding, less than is mandated by the government, has left some members of Congress in a twitchy mood and some onlookers to wonder if the FHA will eventually need a massive infusion of cash. (See high...
...asked its outside auditor to run a series of doom-and-gloom scenarios - including one that assumes house prices continue to slide and unemployment hits 12.5%. Only in the most dire, and unlikely, of such simulations does the FHA run out of money to cover its losses, which is why FHA commissioner David Stevens has repeatedly said the agency will not need to ask Congress for money...
...down payment. Comparing FHA loans with a subset of those made by Fannie Mae (not a perfect analogy, considering that the FHA pretty much backs only 30-year fixed-rate loans), Pinto figures that the FHA will ultimately need tens of billions of dollars of outside funding to help cover its losses...
Artie’s first big number shuns the original recording of Billy Idol’s punk classic and instead emulates Nouvelle Vague’s acoustic cover, turning a bouncy, carefree tune into a ballad about loneliness and invisibility. FlyBy has been reserving its A’s for showstoppers – “Rehab,” “Don’t Stop Believin’,” “Somebody to Love” – but this is one of the best numbers we’ve seen...