Word: lps
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...subprime loans were either behind on payments or in foreclosure. Now, though, with companies cutting back work hours and unemployment hitting 7.6%, borrowers of all stripes are running into trouble. "Originally, the loan product was driving a lot of the delinquencies," says Steve Berg, managing director of loan-tracker LPS Applied Analytics. "Now you have widespread house-price deterioration and people losing their jobs. If you lose your job, it doesn't matter if you have a good loan product, you still might not be able to make your payment...
...nearly 7% in January. The overall percentage of problem loans remained small by comparison - the delinquency rate rose from 1.45% to 1.55% - but the quickening pace of homeowners falling behind on their payments signifies more trouble ahead. "Those are tomorrow's foreclosures," says Ted Jadlos, senior managing director of LPS, which provided the numbers from its database of 40 million home loans, which covers about 70% of all mortgages. (See 25 people to blame for the financial crisis...
...knew they could often find real gems buried within the jumble of dull duds packed into ordinary shops. Oxfam had already had good success with other types of specialty stores: it has 120 used-book shops in the U.K. and recently opened five shops dedicated to selling used vinyl LPs and CDs. Farquhar says the Notting Hill shop's makeover should increase that site's revenues 100%. The boutique's average sale is $40, four times the average sale at a regular outlet. The other two Oxfam fashion boutiques are in the wealthy London enclaves of Chelsea and Chiswick. Oxfam...
...there’s something more to this masochistic urge to wander the streets of Cambridge at ungodly hours, carrying bags full of records I will play for an unknown and unresponsive audience. As I listen to the hollow sounds of people clapping at John Coltrane concerts on the LPs I’m spinning, I know it should be depressing that this is the closest thing I’ve got to social activity right now, but I really just can’t get too worked up about...
Anyone who’s ever read, talked, or thought about rock albums has often come across this criticism: “This would be so much better as an EP.” Many musicians have a habit of building LPs around a couple of good songs and devoting the rest of the space to uninspired filler tracks. They seem to prefer making long, mediocre records when they could create succinct, exciting ones. So when a band recording an EP decides to extend it to an LP, it’s usually for the worse—unless...