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Why do you think servicers are still being slow to modify loans? Foreclosure activity is six times what it was four years ago. Those are numbers that the system really isn't set up to handle. And there are more complications. For example, one of the delays in processing foreclosures...

Author: /time Magazine | Title: Q&A: The Outlook for Home Foreclosures | 11/3/2009 | See Source »

So how did Republicans manage to dominate on economic issues after two cycles of losing - often by double digits - on their handling of the economy? Part of it was simply keeping that focus on jobs, and not allowing itself to get sidetracked by social or cultural issues. After all, when...

Author: /time Magazine | Title: Virginia Race Gives Republicans a Blueprint for Success | 11/3/2009 | See Source »

The Obama administration should be lauded for not pressuring Calderón to veto the recent law, like the Bush administration did in 2006 when a similar bill was being considered. The Obama administration seems to be moving toward a more liberal policy regarding marijuana, but it is moving at...

Author: By Charles A. Lacalle | Title: Drugs Without Borders | 11/2/2009 | See Source »

Harvard economist Jeffrey Miron has been one of the most outspoken proponents of the legalization of drugs in the U.S. as a solution to the problems in Mexico. He cites the historical analogy of the failed policy of Prohibition during the Great Depression, which was ended partly because of increasing...

Author: By Charles A. Lacalle | Title: Drugs Without Borders | 11/2/2009 | See Source »

There are signs that a shift may be on the way: In January, the city council of El Paso, which borders Mexico’s Ciudad Juarez—arguably the most dangerous city in Mexico—passed a resolution to open up dialogue on an end to drug...

Author: By Charles A. Lacalle | Title: Drugs Without Borders | 11/2/2009 | See Source »

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