Word: guaranteeeing
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Under the new plan, unveiled Friday, March 26, banks will be asked to lower the principal loan balance for certain homeowners whose mortgages exceed the value of their homes. The loans would be refinanced as mortgages insured by the Federal Housing Administration (FHA), fully backed by the government. In the...
Treasury Assistant Secretary Michael Barr says the principal-reduction program is voluntary, not mandatory, and that there's no guarantee homeowners will not default on the new refinanced loans. "We don't want to be overly optimistic about that," said Barr during a briefing on Friday. "Modifications are hard - they...
The reasoning behind the prerequisite, according to officials, is that spaceflight could potentially harm the women's fertility. "It's out of the consideration of being responsible for the female pilots," Xu Xianrong, director of the PLA's Clinical Aerospace Medicine Center in Beijing and a member of the selection...
You might not think you would need to be armed to order a latte, but the Bay Area gun owners--who are loosely affiliated with a website called OpenCarry.org--are hoping to draw attention to what they see as a Second Amendment guarantee: the right to carry a gun without...
Breaking into the top 16 of the race was no guarantee for Clarke entering Saturday morning. The 1,650 is unique in that the players only get to swim once, as opposed to other races that involve a preliminary round prior to the final race. Her fate thus rested on...