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With the housing market as it is, borrowers will find few good alternatives for rescue should they run into trouble. The traditional response of refinancing into a more affordable loan is off the table for many homeowners, considering that property prices have plummeted. More than 85% of option-ARM holders owe more on their loan than their house is worth, a situation known as negative equity or being underwater. Typically, a refinance is impossible without the borrower having at least 20% equity in a house...
Merely days after the devastating Haitian earthquake of Jan. 12, Stephanie Rosborough ’96 and Hilarie Cranmer arrived via helicopter to set up a field hospital near Port-au-Prince at an orphanage and school run by the organization Love A Child...
Cranmer and Rosborough planned to run the clinic for a minimum of six months before turning it over completely to local management, but they now think that they will likely remain in charge for a year. Their goal is “true re-integration” of the hospital into Haitian hands—rather than “just packing up and saying bye,” Cranmer said...
...you’re curious about what makes the content of this issue different from Lampoon sex jokes of issues past, well, “all the pieces are different from the ones that have run before,” Stein said. So, for more insight into the complexities of love, check out the magazine for yourself...
...White, meanwhile, reached into his deep bag of snowboarding tricks during his gold-medal run at Cypress Mountain on Wednesday night. On the routine that clinched his second straight Olympic half-pipe gold, his amplitude - the term snowboarders use to describe the aerial distance they fly off the 22-ft. half-pipe - far exceeded that of the other competitors. He executed back-to-back double corks (two flips and three body revolutions, like a corkscrew) on his winning run. Although he had already clinched the title, on his second run White still went all out and landed the Double McTwist...