Word: planned
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...major difficulty now is the weak economy and rising joblessness. Under the U.S. government's plan, a modified loan payment must not account for more than 31% of a family's income. With unemployment north of 10%, in a growing number of cases, the mortgage isn't the problem - the lack of a paycheck is. "It increasingly appears that HAMP is targeted at the housing crisis as it existed six months ago, rather than as it exists right now," concluded the Congressional Oversight Panel, a group charged with evaluating the program, in an October report...
...deed to their house or sell their home for less than is owed on the mortgage (a so-called short sale). Distressed homeowners and housing counselors have long complained about short sales being scuttled by lenders that take too long to respond to a potential buyer's offer. The plan to beef up the process for these sales, originally announced in May, wasn't unveiled until Nov. 30 - and doesn't go into effect until April...
...retirement plan provides eligible faculty members with three options for financially-supported retirement within a a maximum of four years. The 127 eligible faculty members—tenured professors over the age of 65 who have spent at least 10 years at Harvard—must accept by June...
...after the Faculty of Arts and Sciences released a program for early faculty retirement, professors said that they found the plan “generous,” but expressed concern that vacated positions would not be filled as FAS continues to face a $110 million deficit...
This year’s plan is the result of a months-long process triggered by financial troubles that began in February. The opening up of high-salary tenured positions will give FAS greater flexibility with salary costs...