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...What sparked the reports about insufficient testing of the new vaccine was a statement by Dr. Thomas Frieden, director of the Centers for Disease Control, confirming that the government has given flu vaccine manufacturers a green light to begin bottling up still-experimental shots and readying them for shipment, even before the final results from the ongoing tests on the vaccine's safety and effectiveness are completed.(Read: "Study: H1N1 Vaccine Works On Animals...
...Miami Gardens officials acknowledge that they don't know what percentage of their at-risk homeowners have gotten loan modifications. (Williams' ordinance would also require the banks to provide that data.) But the spike in foreclosure signs tells them it's too few. And given the city's grinding 15% unemployment rate, many believe they have no choice but to try to leverage banks into taking MHA more seriously...
...offering a loan modification, primarily because it feels Milligan's retiree income is insufficient. Milligan says it would be sufficient if she could get a loan revision, which she believes the bank has an obligation to consider. "I never really understood the kind of adjustable-rate loan I was given, which I feel was a bit predatory, given my economic circumstances," she says. "I'm even willing to buy the house outright from them for what I'm told they'd probably get it for at auction, around $100,000. Anything to keep the house. My neighborhood...
...since studies show many modified mortgages still go south, just delaying the inevitable. But in cases like Miami Gardens, says Milligan's lawyer, Miami real estate attorney Rashmi Airan-Pace, lenders need to realize that as foreclosures mount and infect neighborhoods, their chances of auctioning those houses dim significantly. "Given what fair market value of these homes has become today," Airan-Pace says, "they especially need to change their mind-set about reducing principal," which she complains too few are willing to consider...
Seoul remains wary of the North's plea for direct negotiations with Washington, given Pyongyang's long history of trying to drive a wedge between South Korea and the U.S. But the official in Seoul stressed that should bilateral talks occur, Lee has confidence that the Obama Administration would be completely transparent in sharing information and in shaping any policy response in conjunction with its close ally in Seoul. South Korea, in other words, won't object strenuously to direct talks should they come...