Word: interest
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Then in late March, the bank became the first major lender to say it would reduce loan balances of homeowners who owe more than their property is worth. Most other banks have only been willing to lower interest rates. Writing down loan balances for such "underwater" homeowners, while costly for the bank, gives borrowers more incentive to stay current on their mortgage. The Bank of America program, which has won praise from consumer advocates, could help as many as 45,000 borrowers reduce what they owe by $3 billion. "Bank of America is to be commended for launching a program...
...future, Min hopes that Harvard will put more energy into promoting their public art programs and that more students will take an interest. Counter to what one may expect, she remarks that public art doesn’t just advertise itself—people have to look...
...while significant, is not wholly unexpected. The College admissions staff has maintained a concerted effort to publicize the creation of SEAS, striving to dispel the notion that Harvard is primarily a school for the liberal arts, according to Fitzsimmons. This undertaking—coming at a time when national interest in science and technology is rising—appears to have been successful...
Previously, when SEAS was still the Division of Engineering and Applied Sciences, the number of applicants interested in engineering held steady at about 2,500 each year. But over the course of the next three years, the admissions committee has seen a 68 percent surge in applicants who list their primary interest as engineering sciences, during a period in which the total number of applicants to Harvard has risen by about only 11 percent...
...committee goes further, with a call to jettison the term special relationship as ruthlessly as colonists once dumped tea into Boston Harbor. The expression was coined by no less a person than Winston Churchill in 1946 to describe the intricate skeins of mutual interest, cultural heritage and sometimes gloopy sentiment that bind Washington and London. Globalization and "shifts in geopolitical power" mean that both countries are inevitably forming new and deep alliances with other players, and talk of a "special relationship" is increasingly misleading, says the report. "The overuse of the phrase by some politicians and many in the media...