Word: optioning
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Dates: during 2000-2009
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...even with that imported expertise, the number of people who wind up as tenants probably won't be large. There are many alternatives that must be pursued first, including loan modification and trying to sell the house for less than it's worth. Only people who exhaust other options and are eligible for a deed in lieu of foreclosure - a process of handing over the deed in exchange for loan forgiveness - will have the option to rent. In the first nine months of 2009, Fannie Mae executed just under 2,000 deed-in-lieu transactions - the pool from which renters...
...while this amendment was politically imperative in the House, it could prove to be a Pyrrhic victory for Democrats and proponents of health insurance reform should the resurrection of the abortion question scuttle reform efforts in the Senate. Prior to Stupak, the controversy surrounding a potential public health insurance option was the primary cause for concern for moderate Democrats in both chambers of Congress. Now, however, abortion has also been added to the list of potential reasons for moderates to vote against the legislation, complicating reform’s chances of passing in the Senate.Senator Ben Nelson of Nebraska...
...Owing to security concerns, the event had to be postponed twice, and the venue changed. A major sponsor pulled out just days before for unspecified reasons, reducing the organizers to a "shoestring budget," and prospective foreign buyers were asked not to hazard the journey. But cancellation was never an option. "When was the last time something wrong was not happening in this country?" Deepak Perwani, the longtime enfant terrible of Pakistani fashion, says with gruff insouciance. "I mean, really. Life...
...simplest option would just be to cede to the pirates' demands, pay the ransom and return the two detainees," says Echeverria. "That would solve the humanitarian crisis, but it would also invite other pirates to start making similar demands...
...left open the door to a trial in Somalia if an agreement could be reached. Because Spain has no extradition treaty with Somalia, which it considers to be a failed state, the government is said to be considering turning the two men over to a Kenyan court - an option employed in the past by Britain...