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...bought or refinanced a house within the past year, there's a 1 in 4 chance you have the Federal Housing Administration to thank. The Depression-era agency, once the last resort of folks who were less-than-perfect credit risks, was practically forgotten during the real estate boom - anyone with a pulse qualified for a mortgage. Now the FHA has resumed its old role by propping up the housing market, since private lenders began shunning all but the least-risky loans. The FHA doesn't lend directly but rather entices lenders do so by agreeing to cover any losses...

Author: /time Magazine | Title: FHA: Housing's Safety Net Begins to Fray | 11/14/2009 | See Source »

...doing it on its own - officials have taken the unusual step of opening the process up to the public. They're asking visitors what they should keep, what they should give away to other museums - one institution's trash is another's treasure - or, as a last resort, what they should just throw away...

Author: /time Magazine | Title: London Museum Asks Public What to Pitch | 11/14/2009 | See Source »

Tamara Harel-Cohen: The previous two years Project East was held in tents with a raised runway. This year there will not be a formal runway—it will have a warehouse, industrial vibe, but a lot of the clothes we have are playful, resort collections. Two collections will have girls walking barefoot, so it will be a flirty feel. Our logo is red flowers so we are trying to bring that into the space—there will be a lot of flowers around and on the runway to create a floral, industrial chic feel...

Author: By Athena L. Katsanpes, CONTRIBUTING WRITER | Title: SPOTLIGHT: Project East | 11/13/2009 | See Source »

...prior years, these anonymous DHAs lovers—the aspiring athlete, the sweatpants junkie, the almost-girlfriend—have had to resort to mischief to nab their own pair. There are tales of DHAs disappearing from the laundry rooms, exes who refuse to part with this prized possession post break-up, and the simple borrowed-from-a-friend-and-never-given-back...

Author: By Rachel T. Lipson, CONTRIBUTING WRITER | Title: DHA’s Sweats, No Sweat Required | 11/12/2009 | See Source »

...becoming a victim of Gypsy hypnosis. This practice, in which Gypsies attempt to hypnotize subway riders and others in Russia so that they give away all their money, is a growing problem in Russia; the tough economic climate and social ostracism of Gypsies have forced this nomadic people to resort to innovative means of survival...

Author: By Charles A. Lacalle | Title: Racism and the Romani | 11/10/2009 | See Source »

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