Word: mortgagee
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The FBI and the Department of Justice unveiled Operation Malicious Mortgage last week, a nationwide bust that produced more than 400 arrests over the past three months for fraudulent home-loan schemes. In South Florida alone, more than 100 people have been arrested since last September, including 19 just last...
Which helps explain why the financially distraught are searching high and low for help. Larry Stopczynski, a retired auto engineer in Michigan, has seen the value of his home drop by more than $100,000; he now owes more in mortgage payments than the house is worth. So two months...
Obama's rebuff of black fathers and his firm insistence on personal responsibility were calculated to win over socially conservative whites who were turned off by the Rev. Jeremiah Wright's tirades against persistent racism. But in his desire to appeal to such voters, Obama may have missed the balance...
Watchmen, easily next year's most anticipated comic-book movie, is based on a graphic novel that's more than 20 years old. What Hollywood would really like is the next big thing. If studio execs can't find one they like by thumbing through publishers' catalogs, they'll create...
But no matter how good the rug selection, the endless variations in style and quality make bazaar bargaining a daunting exercise. And any transaction can conjure old clichés of naive Americans and wily, opaque locals. But such clichés are exactly that. Rug traders drive a hard bargain for...