Word: ownerships
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Dates: during 2000-2009
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...claim made by some conservatives that the Clinton Administration's 1995 Community Reinvestment Act (CRA) regulations, which pushed banks to lend in poor communities, caused the subprime mortgage lending binge that sparked the current troubles. It's certainly conceivable that Washington's long-held obsession with fostering home ownership helped fuel the housing bubble. But when the subprime lending binge really took off from 2003 to 2006, financial institutions subject to CRA weren't the ones leading the way. Neither were government-sponsored behemoths Fannie Mae and Freddie...
...Bush urged students to find opportunities for volunteering rather than focus solely on pursuing a profitable career. He further spoke about the Republican Party’s failure to excite Americans about the Bush administration’s work in combating AIDS in Africa and in supporting minority home ownership and faith-based poverty initiatives. “The Party has completely lost its way and, like most people in my generation, has become so focused on power for power’s sake, re-election for re-election’s sake, that it has collectively forgotten that...
Treasury agreed to backstop the companies to the tune of $100 billion each, in exchange for an ownership stake that will be determined by just how much money taxpayers have to pony up. The companies are to be operated as going concerns by the Federal Housing Finance Agency (FHFA), their regulator. The FHFA has already told the CEOs to go (albeit with lush severance packages), but most other executives are being asked to stay. The companies' shares continue to trade, although their market value dropped more than 80% the day after the takeover was announced...
...demands of the elite have gelled into "autonomy," meaning greater regional control over everything from land ownership to police to gas revenue royalties. The four departments, or states, of Tarija, Beni, Pando and Santa Cruz held non-legally sanctioned referendums earlier this year, approving their own autonomy statutes. Though these statutes have not yet been implemented, they have led the opposition to reject the newly written constitution, which is key to Morales' efforts to redress what his supporters see as centuries of domination over indigenous Bolivians...
...Harvard has the additional challenge of building and planning alongside other community development plans, such as the 2004 North Allston Strategic Framework Plan, a document that came out of a series of meetings between University officials and Allston residents. It calls for an increase in the rate of home ownership and more pedestrian connections to the river as well as other improvements. Harvard Allston Task Force Chair Ray Mellone said the University’s challenges were compounded by the fact that they must keep in mind both the development of a neighborhood as well as the expansion...