Word: number
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Dates: during 2000-2009
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That hasn't come without cost. As the FHA filled the void left by the private sector, it has assumed the risks of those loans. And now that a growing number of people have stopped paying their mortgages, the FHA has had to pay out more in claims that it forecast. The agency has just $3.6 billion on hand to cover any unexpected losses in its $685 billion portfolio. That paltry level of reserve funding, less than is mandated by the government, has left some members of Congress in a twitchy mood and some onlookers to wonder...
Former Fannie Mae executive Ed Pinto, who has testified before Congress on the state of the FHA, is not so certain. He holds that there are a number of other variables that could materially change the amount that the FHA will need to pay out in claims. For instance: how much money the agency can recoup from foreclosed properties, the growing social acceptability of borrowers' walking away from their houses and the chances that the riskiest loans in the market are finding their way to the FHA since it requires only a 3.5% down payment. Comparing FHA loans with...
Last April, we found out that the acceptance rate for the class of 2013 was about 7 percent. That’s a number to make even some of us upperclassmen feel insecure. (Back in our day, we were admitted at the embarrassingly bloated rate of about 9 percent. Good thing we managed to slip in when we could.) These days, we wonder, could there be a statistically more impossible dream than getting into Harvard...
Artie’s first big number shuns the original recording of Billy Idol’s punk classic and instead emulates Nouvelle Vague’s acoustic cover, turning a bouncy, carefree tune into a ballad about loneliness and invisibility. FlyBy has been reserving its A’s for showstoppers – “Rehab,” “Don’t Stop Believin’,” “Somebody to Love” – but this is one of the best numbers we’ve seen...
When the soundtrack version of this number leaked to YouTube, FlyBy lamented. It’s chintzy. “Vanilla,” as Mercedes charges. Turns out they saved the good stuff for the episode. This arrangement is more balanced between the characters, lacks the droning endlessness of the CD version, and suffers less from the (still-underwhelming) ending. Rachel makes a perfect little Idina, and we’d be first in line for Wicked starring Kurt. But what’s best about this number is the struggle Kurt brings...