Word: currented
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...current group of federal policy makers must think that it is mad to believe housing prices will hit a low enough level that consumers will make purchasing decisions on their own. If a home that was worth $500,000 three years ago can be purchased for $200,000 at the end of this year, it may bring buyers into the market without any aid whatsoever. If nuclear physicists can be hired at the minimum wage, they will probably all find employment. If the year drags on and the economy does not show signs of substantial improvement, the hope that...
...Homeowners The U.S. Treasury Department announced an expansion of the Obama Administration's Making Home Affordable housing program, aimed at helping struggling homeowners manage their mortgage payments. The new provisions offer cash incentives of $500 up front and up to $250 a year--as long as the loan remains current--to lenders who are willing to reduce balances, plus $250 a year for borrowers who make payments on time. In response to complaints that the initial plan did not provide enough help to homeowners underwater on "piggyback" second mortgages, the new initiative would also cut interest rates for some borrowers...
...their planned residential community for preventing them from moving into an apartment complex in Kendall Square. Though the affiliates have already submitted their deposits, they allege that the developers have failed to take the necessary steps towards reaching a final closing date. The plaintiffs—a dozen current and former faculty members who have put down initial deposits for units in 303 Third Street—are part of an independent project known as “University Residential Communities” that has sought to create a residential cooperative that would provide an academic setting in the Cambridge...
...judicial nominees. And Specter might be willing to reconsider his opposition to the controversial Employee Free Choice Act; his resistance to the measure, which would make it easier for unions to organize workers, all but killed it. While Specter said he would not support the bill in its current form, union officials are now far more hopeful that they can find a compromise that will bring him around...
...delivering essential public services to his people; he has has ruthlessly exploited religious divisions to attain and hang on to power. With this combination of prosperity gospel and virulent religion-based nationalism, he has become the Hindu right wing's most wanted campaigner during the current elections. In the next, he could be the party's candidate for the Prime Minister of India...