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...those homes won't wind up being repossessed, right? In a normal market, probably a majority of homeowners that wind up being delinquent or even in the early stages of default find a way to cure their loan. Right now the numbers aren't quite as promising. Probably over 50% of the homes that enter foreclosure will wind up going back to the banks. But it is still a fairly large number that either through loan modifications or short sales or refinancing do manage to avoid foreclosure...

Author: /time Magazine | Title: Q&A: The Outlook for Home Foreclosures | 11/3/2009 | See Source »

Next waves? Right now we're dealing with a growing number of foreclosures that are being caused by unemployment. If you don't have a steady stream of income, you don't qualify for those loan-modification programs. People with those problems will inevitably wind up going into foreclosure. Secondly, we're going to see a whole slew of option-ARM loans reset next year. In many cases, these properties are going to be upside on the loan amount. In other words, the homes will be worth less than what's owed on the loans. The only way these loans...

Author: /time Magazine | Title: Q&A: The Outlook for Home Foreclosures | 11/3/2009 | See Source »

...number of H1N1 cases continues to climb in the U.S., researchers are collecting more and more data on the spread of the pandemic flu and getting a clearer picture of its victims - who is most vulnerable to H1N1, how the most severe cases progress and which risk factors tend to contribute to life-threatening disease. That data is now helping public-health officials identify some critical H1N1 trends, which may enable them to treat patients more effectively and hopefully control the disease as it peaks in the coming months...

Author: /time Magazine | Title: H1N1: Hitting the Young, Riskier for the Old | 11/3/2009 | See Source »

...University was given the poor mark for its overall “sexual health” last week in the fourth-annual Trojan Sexual Health Report Card, which ranked Harvard number 62 out of 141 American colleges and universities—a drastic decline from the University’s 25th-place ranking last year or its top 10 showing the year before...

Author: By Nadia L. Farjood, CONTRIBUTING WRITER | Title: Harvard Slides Down Sex Rankings | 11/3/2009 | See Source »

...think Harvard does a pretty good job at informing students about sexual health,” Ballard said. “A number of good resources are available like peer health counselors [and] obviously [University Health Services...

Author: By Nadia L. Farjood, CONTRIBUTING WRITER | Title: Harvard Slides Down Sex Rankings | 11/3/2009 | See Source »

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