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...implement it for fear of the legal consequences. "Once a lender takes possession, if there's a mold issue or Chinese drywall, whatever the problem is with that house, whether or not the lender is aware of it, that's a liability," says Lang. She recalls being on a panel sponsored by the Mortgage Bankers Association a few months ago and watching as the attorneys in the room went round and round on the issue...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...that was passed earlier this year requiring banks that repossess houses to honor the terms of existing leases (i.e., to not immediately kick out any existing renters). Fannie Mae already had such a policy in place. Over the summer, an Assistant Secretary of the Treasury Department told a Senate panel that the Administration was considering rent-backs, but the idea hasn't gained traction since then...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...government's Making Home Affordable plan. How long lasting that help will be, though, is a different question: as of Sept. 1, only 1,711 borrowers had successfully completed the trial phase and received permanent changes to their loan terms, according to a report by the Congressional Oversight Panel...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...What this book does and this talk says is that it is a variety of myths that prevents us from acting [on climate change],” said James J. McCarthy, a biology professor who co-chaired the Intergovernmental Panel on Climate Change. “Myths that the technology is non-existent, myths that the technology is too expensive, myths that somehow the problem will solve itself without the public and political will [Gore] inspires in this book and in his talks...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Gore's Latest Book Focuses on Solutions | 11/9/2009 | See Source »

FRIDAY Interracial Dating Panel Discussion Lowell JCR, 4 p.m. We’ve been talking a lot about interracial dating on campus lately. Here’s another opportunity to talk about it more...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Asian Americans Talk About Politics, Sex, Religion, and More | 11/8/2009 | See Source »

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