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...that its data was muddying the public debate and begging for details about the modifications it tracks. "People are concerned about the effectiveness of loan modifications, which is very troubling to us," says Iowa attorney general Tom Miller, who has been dealing with servicers as head of the 17-month-old State Foreclosure Prevention Working Group. "If they're bad modifications and people default at a higher rate, it's not surprising. But that shouldn't be used to cast doubt on all modifications...
Those numbers came at the tail end of a brutal month of layoffs. This January's tally of announced cutbacks more than tripled that from the same month last year, according to worker-placement firm Challenger, Gray & Christmas. More than 240,000 positions were slated for elimination, a figure approaching the high-water mark of the last recession, 248,000 in January 2002. (See pictures of the recession...
...church has announced that its members will also picket in Lexington and Reading next month. Famous for picketing Matthew W. Shephard’s funeral, the group also holds anti-gay protests at funerals of AIDS victims. Recently they have begun demonstrating at soldiers’ funerals across the country, saying that their deaths are evidence of “God’s judgment” of America...
...economic turbulence left many students with far fewer summer offers than in years past. The Law School’s Office of Career Services announced that the school will invite firms to campus the last full week of August before classes begin, advancing the recruiting timeline by about a month. Traditionally, the Law School’s recruiting cycle began later than at comparable institutions, which hurt students last October when law firms reduced the number of spots reserved for Harvard recruits in light the impending recession. Fly-out week—the time when students visit firms who have...
...destroyed tumors in 90 percent of mice tested—uses small implants to avoid costly cell reprogramming outside the body. The latter technique requires practitioners to have extensive training and specialized facilities that are only available at elite hospitals. The findings, published in the journal Nature Materials last month, seek to combat those tumors that fool the immune system’s normal process of identifying dangerous substances. Normally, a particular type of immune cell—called a dendritic cell—will search the body for foreign matter, targeting it for destruction by T cells, another component...