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Word: plan (lookup in dictionary) (lookup stats)
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...provisions offer cash incentives of $500 up front and up to $250 a year--as long as the loan remains current--to lenders who are willing to reduce balances, plus $250 a year for borrowers who make payments on time. In response to complaints that the initial plan did not provide enough help to homeowners underwater on "piggyback" second mortgages, the new initiative would also cut interest rates for some borrowers to as low as 1% for five years...

Author: /time Magazine | Title: The World | 4/30/2009 | See Source »

...Cambridge during June, July, and August. “Given how many students are on campus during the summer, they should really keep the MAC open,” said Jennifer J. Lee ’10, who said she frequented the MAC weekly last summer and had planned to again this summer. “I wish there were a way that we could petition the University, but that’s obviously not possible,” she added. Since most MAC employees are undergraduates—the majority of whom live off campus during the summer?...

Author: By Ahmed N. Mabruk, CRIMSON STAFF WRITER | Title: Campus Gym May Close for Summer | 4/30/2009 | See Source »

...Kroll, the new service enables more dynamic web applications, which increases functionality for site administrators. Kroll said there was one disturbance due to the migration process Tuesday night where e-mail was being delayed for about three hours. Dasher said that despite minor kinks, things are going according to plan. “There’s always glitches,” said Dasher. “Generally speaking, it’s going smoothly...

Author: By Naveen N. Srivatsa, CONTRIBUTING WRITER | Title: New Email Lists Promise Speedy Delivery | 4/30/2009 | See Source »

...Massachusetts House approved a plan to raise the sales tax from 5 to 6.25 percent on Monday night, a hike that officials said represents a trade off between preventing cuts in services and hurting the local economy...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: State Approves Sales Tax Increase | 4/30/2009 | See Source »

Under the plan, $200 million of the new revenue would go to towns and communities for local aid, and $275 million would go to transportation. The sales tax hike stands in contrast to the House’s initial state budget, released on April 15, which did not draw from new sources of revenue or state reserves and included wide cuts to local aid, services, and programs...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: State Approves Sales Tax Increase | 4/30/2009 | See Source »

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