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Home sales and prices seem to be on the mend - but the foreclosure crisis marches on. TIME's Barbara Kiviat spoke with Rick Sharga, vice president of RealtyTrac, a firm that counts foreclosures, to find out what we might expect moving forward...
...those homes won't wind up being repossessed, right? In a normal market, probably a majority of homeowners that wind up being delinquent or even in the early stages of default find a way to cure their loan. Right now the numbers aren't quite as promising. Probably over 50% of the homes that enter foreclosure will wind up going back to the banks. But it is still a fairly large number that either through loan modifications or short sales or refinancing do manage to avoid foreclosure...
...Whif, an inhalable chocolate in three flavors (mint, raspberry, and dark chocolate!) is touring the House dining halls this week as a preview to the opening of The Laboratory at Harvard. Find out more (and see a video of Le Whif) after the jump...
...Journalism is sending professionals out to find out what is going on, [who] verifies documents, is fair and honest, and broadcasts it in a forum that is accessible. This does not happen with user generated news,” Baron said...
...earlier version of the Nov. 3 news article "Journalists Discuss Future of Media" ran an incorrect quote from Boston Globe Editor Marty Baron, which referred to journalists as 'semi-professionals.' In fact, Baron said that "Journalism is sending professionals out to find out what is going on, [who] verifies documents, is fair and honest, and broadcasts it in a forum that is accessible...