Word: fixings
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...identify borrowers in trouble and modify their loans has been more successful. As of October, the Hope Now Alliance says it has helped 2.3 million borrowers stay in their homes. But only a third of those homeowners actually got loan modifications. The rest got some kind of short-term fix from their lender, such as forgoing a missed payment or giving a few months' reprieve in making payments - and consumer advocates warn that such measures will land those borrowers back in trouble when their regular mortgage terms resume. What's more, the Center for Responsible Lending estimates that nearly half...
...Another major problem with proposals to buy up bad mortgages is to fix a value for them in a market where the price of houses is falling - buying them at face value could cost more than $1 trillion. And some observers believe that bailouts of individual homeowners will create an incentive for many more Americans to relieve pressure on their household budgets by stopping their own mortgage payments in order to get government help...
...move comes as doctors increasingly raise concerns that children, particularly breast-fed infants, do not get enough of the vitamin, which not only promotes calcium absorption and bone health but may also stave off diseases such as cancer and multiple sclerosis. The easy fix, say doctors, is to take a daily supplement...
...Gang , deputy governor at the People's Bank of China, the country's central bank. Speaking at the International Monetary Fund meeting in Washington on Oct. 11, Yi blamed the crisis on "weak financial-policy discipline" by Western countries and said that they should be the ones to fix the problems they had created. "The major reserve-currency-issuing countries should shoulder the responsibility for preventing further spillovers and minimizing shocks to other countries," Yi said...
...credit markets moving again, economists have called for governments to guarantee short-term interbank loans. "Recapitalization by itself won't fix the interbank lending market," says Roger Craine, another Berkeley professor and a former Federal Reserve economist. The big problem now is that banks are unwilling to let go of their money because of counterparty risk - the fear that the borrower may go under, sticking the bank with the loss. "If the bank you lend to has assets in a hedge fund that goes under then they are likely to go under," explains Craine. A coordinated interbank debt guarantee...