Word: extendible
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...bigger question looming over the FHA, though, is this: At what point does a federal housing agency start to pull back and force private players to resume responsibility for the loans they make? The FHA was founded in 1934 as a way to extend the prospect of homeownership to people who wouldn't otherwise be able to afford it. The agency's low down-payment requirement - itself the subject of some controversy - is designed to help deserving if underqualified people get a foothold in property ownership. The FHA was never meant to be the primary way America finances its home...
...that point, his fanaticism did not extend past cheering on his Washington Redskins. He did, however, regularly attend services at the Muslim Community Center in Silver Spring, Md., helped at its homeless shelter and even applied to an annual matrimonial center that acts as a kind of matchmaking service. He described himself in his application as "quiet and reserved until more familiar with person. Funny, caring and personable...
More specifically, health-care advocates need to abandon ethics that prioritize the self over the common good in order for their efforts to bear fruit. Such privileging of autonomy extends from a series of judgments latent in contemporary common wisdom about morality—first, that each person should be free to pursue his desires so long as he does not harm anyone else; second, that such desires cannot be judged inferior to those of someone else. Taken together, these two judgments mean that health-care reform is incompatible with our national moral ethos. Public option or not, finding some...
Congress is moving to make those tax losses even more valuable. Typically, when a company loses money, it can apply for a refund of the taxes it has paid on profits over the past two years. However, Congress is moving closer to extending the so-called tax loss carryback provision to five years, instead of two. Senate majority leader Harry Reid recently threw his support behind the extension of the tax refund, adding it to a bill that would extend unemployment benefits. On Nov. 2, the Senate voted to close debate on the bill, which means a final vote...
...think they greatly overestimate the beneficial impact of it," concurs Michael Widner, an analyst at Stifel Nicolaus & Co. "I think that the people who were going to buy have already been lured in by the tax credit. As we extend it each additional month, you'll get a smaller and smaller effect." Also, while some experts applaud the idea of extending the credit beyond first-time buyers, they wonder if the $6,500 credit is large enough to make a serious dent. "The move-up buyer is buying a more expensive product and yet the amount of money being offered...