Word: interesting
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Dates: during 2000-2009
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...considering a plan to back new securitized commercial-property loans for five years, which could help enliven the market and create new opportunities for refinancing. But real estate executives are pressing for more direct government rewards to lenders, like an extra point on the refinancing or a bump in interest rates, to encourage them to continue loans as they mature. "Let's provide a way for [the banks] to roll over those loans, not just say that no one wants to refinance them," said Blaine Walker, a commercial real estate broker in Utah...
...agencies have taken major losses. In March, Freddie reported a $50 billion loss for 2008, nearly half of which came in the fourth quarter. Those losses, Freddie says, were driven largely by rising mortgage defaults and the falling value of derivatives used to protect against things like changes in interest rates...
...single-family mortgages at Freddie were delinquent. That was up from 1.98% the month before, and up from 0.74% a year ago. As the economy stagnates and unemployment rises, Freddie and Fannie loans are at risk in a way they weren't when the primary issues were things like interest-rate resets and loans having been made to people who couldn't afford them in the first place. The research firm CreditSights has said it thinks the delinquency rate at Freddie could go as high as 4% in coming years...
Prompted by the public's increasing interest in all things environmental, as well as the success of 2005's Academy Award-winning March of the Penguins, Disneynature was created in 2008 to produce one to two nature films a year. The idea was not to pump out dry nature docs, but to re-invent the product once again and introduce it back into the theater. "We're not just bringing TV documentaries to the big screen," says Jean Francois Camilleri, the general manager of Disneynature. "We want to go with the movie screen and tell a story...
...authoring several books of essays, memoirs and poetry and converting to Islam. In 2002, he starred in a film, named Chico - his nickname - based on his own life. It won first prize in Hungary's film festival in 2002. During this time, he seems to have taken a renewed interest in his birth country, Bolivia. "Santa Cruz is something that is omnipresent in my life," he said in a 2006 interview. "A constant. At the heart, I am cruceno" a denizen of Santa Cruz. On his website Sic Semper Tyrannus (Thus Always Tyranny) he also linked himself to a Santa...