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Many of the nation's largest lenders, including Citigroup and JPMorgan Chase, have meager interest in converting homes into rentals. "We're in the lending business," says Chase spokesman Tom Kelly. "We're not really equipped to be landlords." Lenders are sitting on nearly half a million repossessed houses nationwide, but getting rid of them quickly, even if that means taking a hit on price, seems to be the preferred response. A recent presentation by the head of Chase's retail-financial-services division showed that the company's servicing portfolio went from having about 52,000 repossessed homes...
...Preacher and Provocateur Hasan's path began to twist about the time he attended the Dar Al-Hijrah mosque in Falls Church, Va., one of the largest mosques on the East Coast and home to a charismatic Islamic cleric named Anwar al-Awlaki. Born in New Mexico in 1971 to Yemeni parents and educated at Colorado State University, al-Awlaki was often portrayed as a mainstream, moderate Muslim cleric who asserted that terrorists claiming to be good Muslims had "perverted their religion." But the perception of al-Awlaki shifted as intelligence officials began connecting the dots: they found that...
...Congress is bound to ask, How was it possible that even as his performance was poor, his personnel file was being reviewed and his communications with a radical cleric were being analyzed, Hasan was promoted from captain to major last May and dispatched in July to Fort Hood, the largest active Army base in the U.S.? One explanation is a desperate need for mental-health professionals. With its 50,000 soldiers and 150,000 family members and civilian personnel, Fort Hood has the highest toll of military suicides; posttraumatic-stress-disorder cases quadrupled from...
...fact, when Palin emerged from a self-imposed semi-exile on Nov. 6 to speak before 4,000 fans just outside Milwaukee at what organizers called the largest pro-life gathering in Wisconsin history, two things were abundantly clear: Palin is now a thoroughly professional rogue - and she is going to sell a ton of books. She has become her own reality show. (See pictures of the fashion looks of Sarah Palin...
Read about China becoming one of the world's largest alternative-energy markets...