Word: late
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...made in turning the tide. The nation's foreclosure rate has risen every month since the middle of 2007, according to FirstAmerican LoanPerformance, which tracks the mortgage market. As of August, nearly 3% of all home loans were in foreclosure, and a further 6% were more than 60 days late on their mortgage payments. But the picture is far grimmer among subprime borrowers, those with less-than-perfect credit: As of July, nearly one-third of those borrowers were more than 60 days late on their mortgages. All told, some 6.5 million families will lose their homes to foreclosure...
...which expired in March, is a remnant of former Prime Minister Junichiro Koizumi's era of reforms in the late 1990s and early 2000s, when the government recapitalized and even nationalized some of its major banks after real estate and stock-market bubbles burst. The government says it currently plans to take a localized approach to intervention to make sure weaknesses it sees chiefly in regional banks don't develop into a systemic infection. Japan's regional banks don't appear to be facing an immediate crisis, say economists, but the government wants to be prepared. "It's a safety...
...Nevertheless, Wyche continues his efforts, independently. Several days ago, Wyche received an e-mail from an Obama supporter reporting that she'd registered 20 new voters. "Proud of you," he wrote back. But he points out that many people who register to vote late in the election season don't bother showing up at the polls. His suggested pitch to those folks: "The great thing about our country is, on Election Day, Donald Trump and you are equal. He gets one vote. You get one vote. He's going to use his. Are you going to use yours...
...effort to somehow get past the stench of scandal, Feeney took a calculated gamble, airing a 30-second TV spot for 10 days beginning in late September to apologize for his Abramoff-funded golf vacation. That trip has earned him scrutiny in an ongoing U.S. Justice Department investigation; a featured spot for three years running on the list of most corrupt government officials compiled by the nonpartisan watchdog group, Citizens for Responsibility and Ethics in Washington (CREW); and plenty of ammunition for Kosmas...
...even Feeney probably knows, that is wishful thinking. "His ad brought it to the attention of many people and the basic response is too little too late... and how can you call yourself a rookie when you've been 20 years in public life," said Kosmas, who has stressed expanding healthcare and alternative energy in addition to hammering Feeney on ethics in government...