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...part of the program has tight restrictions: homeowners must be current on their mortgage payments, live in the home, have a FICO score of at least 500 and qualify for a standard FHA-backed loan once the principal is reduced. Those who get a modified loan must make full monthly payments for three years for the principal to be reduced permanently. The high standards for these loan modifications suggest that the Administration hopes to head off another wave of loan defaults and foreclosures by providing help earlier in the process...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

...races for timber, gold and coltan are largely to blame for habitat loss, said the report. Militias sell their goods to middlemen and corporations that ignore the destruction caused by the resource trade, and they must be held accountable for the loss of biodiversity in the region. "Companies involved, also multinationals, have shown little or no concern regarding the origins of the resources obtained," says the report, co-authored by the U.N. Environment Program and Interpol. Militia groups that control mining in parts of Congo keep afloat with "an influx of arms in exchange for minerals and timber through neighboring...

Author: /time Magazine | Title: Is Chinese Economic Demand Killing Africa's Gorillas? | 3/26/2010 | See Source »

However, in times like these, idealism must be tempered with political realism. Despite its imperfections, the bill represents the best possible product given the political climate of the time. With Mass. Senator Scott Brown’s game-changing election stripping Democrats of their supermajority in the Senate, party leaders acted wisely in compromising on secondary issues to achieve primary goals. For instance, although ideally the legislation would not include restrictions on federal funding for abortion, striking a deal proved necessary in order to gain the votes of pro-life Democrats, given the political circumstances.  Leaders like Pelosi...

Author: By The Crimson Staff | Title: How ’Bout Them Dems | 3/26/2010 | See Source »

...ideal and the effort to reform a broken industry is far from over. Ultimately, millions of Americans will remain uninsured, a problem which deserves serious attention down the road. Also, while the new programs will bend the healthcare cost curve, it does not break it, and Congress must take further action to make insurance more affordable in the future...

Author: By The Crimson Staff | Title: How ’Bout Them Dems | 3/26/2010 | See Source »

...must make serious reflections on what the church accomplishes in the blessing of all marriages, not only same-sex marriages,” he said...

Author: By Alice E. M. Underwood, CRIMSON STAFF WRITER | Title: Professor Redefines LGBT Marriage | 3/26/2010 | See Source »

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