Word: hope
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...hope so, because adapter-director Gina Prince-Bythewood has made an honorable movie, wonderfully attentive to the skills of its excellent cast, that turned this devout cynic into a believer...
...homeowners is far from easy. The original Bush plan, FHASecure, which involved the government refinancing people into lower-interest loans, has thus far helped only about 387,632 borrowers. A subsequent plan to 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...
...July, Congress allocated $300 billion for a new plan, Hope for Homeowners, to help borrowers stay in their houses. It went into effect this month, but analysts warn that it won't stop the rise in foreclosures. An April report from the Congressional Budget Office (CBO) estimated that banks would refinance only about 400,000 home loans, possibly fewer. And in recent congressional testimony, officials from JPMorgan Chase said only about $2.5 billion of its home loans (some 14,000 borrowers) of the $845 billion in home loans it services would qualify for the program. Worse, warns the CBO, nearly...
...know when to pull the trigger. He sees Obama as a shooting star, all speed and vapor. To McCain, words aren't a form of action; only acting is a form of action. "To encourage a country with only rhetoric," he says, "is not a promise of hope. It is a platitude...
...times that call for methodical decision-making. But McCain's defenders cite another soldier turned politician who was legendary for his temper: George Washington. Those who rise in the military, notes Virginia Senator John Warner, "are people of strong will, of brevity, giving orders and commands. I just hope the people that occupy the presidency are people of strong will...