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...reaction to what you saw going on in securitized loans? The consumer groups were vocal about what was going on out there and some of our own staff had some concerns, so we bought a loan-performance database of mortgage-backed securities. We saw some pretty astonishing things. The starter rates were very high, between 7% and 9%, and within a couple of years they could jump by 600 basis points. No one could handle that level of payment shock. In fact nobody was - they were just refinancing...

Author: /time Magazine | Title: Q&A: The FDIC's Boss on Banks, Loans and Credit | 10/17/2008 | See Source »

...League. The Lions lose often—in fact, always—but not by much. Columbia has not dropped any game by more than ten points, and quarterback Shane Kelly is quietly having a solid year in his first season as the Lions’ starter, completing 60 percent of his passes and throwing four touchdowns over just one interception...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Harvard Looks to Stay on Track | 10/16/2008 | See Source »

...first downs, a week after falling in dramatic fashion to Cornell, 25-24. The Lehigh offense is led by quarterback J.B. Clark, who had a career game against the Rams, throwing for 296 yards and four scores with no interceptions. Clark, a sophomore in his first year as a starter, will likely continue to throw the ball frequently against a Harvard defense that is surrendering an average of 243.2 yards per game through the air. He’ll get little help from a Lehigh rushing attack that is averaging a measly 88.8 yards per game on 2.7 yards...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: Mountain of a Showdown | 10/16/2008 | See Source »

...Starter Wife USA, Fridays, 10 p.m. E.T.; two-hour premiere Oct. 10 at 9 p.m. E.T. At last, a Gossip Girl for the old people! Reprising her role from the smash miniseries, Debra Messing is author and recent divorcée Molly Kagan, trying to keep herself and her daughter afloat in a sea of affluence populated by smarmy L.A. sharks. Predictable but pithy, Wife takes itself no more seriously than the Hollywood-haves it skewers...

Author: /time Magazine | Title: 5 Things You Should Know About | 10/9/2008 | See Source »

...gridiron. This coming Saturday, he will finally get his chance to show what he can do. ADAM CHRISSISWhile many incoming football players will spend their rookie season learning the playbook and working out in the weight room, freshman wide-out Adam Chrissis will instead be gearing up as a starter for the Crimson. The Pittsburgh, Penn. native and graduate of Upper St. Clair, Chrissis (6’0’’, 195) was a two-way starter for a 16-0 championship team and was also selected to play in the prestigious Pennsylvania East-West All Star Game...

Author: By Kevin T. Chen, CONTRIBUTING WRITER | Title: New Corps Steps Up in Time of Hurt | 10/8/2008 | See Source »

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