Word: ls
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Dates: during 2000-2009
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...last big mortgage debacle, the savings-and-loan crisis, was made mostly in Washington. The S&Ls were required by law to borrow short (via savings deposits) and lend long (via 30-year, fixed-rate mortgages). When that led to big losses in the inflation-racked early 1980s, Congress encouraged thrifts to grow their way out of trouble, in part by financing commercial real estate, with disastrous results...
...their children played on the rug, the two decided to give it another shot. Rod left the ministry and began advising small businesses. They moved to Holly Springs, a suburb of Atlanta. And now it is Stephanie Elzy who has found a ministry, on the Web: LLLMinistries.org the triple Ls for love, life and living. She even muses about becoming a pastor. Who knows? Rod may one day join a community of PHs looking for fellowship online...
...blame Munnell's study or the desire to encourage lending to minorities. "The point of that study was never to say, 'Let's go out and lend to people who aren't going to be able to carry the debt,'" Munnell argues. Sure enough, federally supervised banks and S&Ls and mortgage buyers Fannie Mae and Freddie Mac seem to have avoided big hits...
Donated by the athletics department and the Friends of Harvard Golf in fall 2005, the Full Swing Golf LS Golf 3 plunks top notch golf courses and practice facilities into cyberspace, with the help of a projection screen and a little patch of Astroturf. The simulator’s 688 sensors calculate the speed, size, and angle of every golf ball hit, in real time. Virtual duffers can customize their playing experience by adjusting wind speed, green hardness, sky type, and crowd volume...
...Brittney L. Moraski is a History and Literature concentrator in Dunster House. She’s looking at a screen full of Ls right...