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...than 20% of serious delinquencies. Private label securities - those packages of mortgages that were sliced and sold to investors - represent some 60% of serious delinquencies. Lockhart made an appeal for servicers of such securities to "adopt this program as the industry standard," but the extent to which that will happen is questionable, considering that servicers have an obligation to investors not to take unnecessary losses...

Author: /time Magazine | Title: Fannie and Freddie Offer New Plan to Help Homeowners | 11/12/2008 | See Source »

...sense of the domino effect here. You put a bullet through a man's spine, all kinds of things happen. Tomas has bowel and bladder issues. Tomas has erectile dysfunction-28 years old, in the prime of his life. What we're saying with this film is that what you see with Tomas is a drama taking place behind the closed doors of thousands of homes in this country. Thousands. We're trying to show the reality of this war, which is the most sanitized war in our lifetime...

Author: /time Magazine | Title: Phil Donahue | 11/11/2008 | See Source »

This same idea was echoed in President-Elect Barack Obama’s acceptance speech last Tuesday: “It can’t happen without you, without a new spirit of service, a new spirit of sacrifice. So let us summon a new spirit of patriotism, of responsibility, where each of us resolves to pitch in and work harder and look after not only ourselves but each other.” Men and women constantly grapple with the imperative to serve their country, for better or for worse. It is worth examining the reasons for making that choice...

Author: By Emmeline D. Francis | Title: In Bittersweet Memory | 11/11/2008 | See Source »

...Berkman Center sponsored a petition that encouraged the FCC to oppose Internet service providers that discriminated by content. But Palfrey said that he was excited for the future of network neutrality. “I think there is great promise in the Obama administration in terms of making it happen in a public-spirited way,” he said...

Author: By Melody Y. Hu, CONTRIBUTING WRITER | Title: Obama Strong on Internet Neutrality | 11/11/2008 | See Source »

...pretty hopeless romantic, so I always think it is going to happen to me. I do know a couple of people who met on the road and fell in love and lived happily ever after. Then again, I also know the two guys in my band who married women they met on the road and a few months later found themselves online researching "uncontested divorce...

Author: /time Magazine | Title: One-Night Stands: A Rough Guide | 11/11/2008 | See Source »

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