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...first major lender to say it would reduce loan balances of homeowners who owe more than their property is worth. Most other banks have only been willing to lower interest rates. Writing down loan balances for such "underwater" homeowners, while costly for the bank, gives borrowers more incentive to stay current on their mortgage. The Bank of America program, which has won praise from consumer advocates, could help as many as 45,000 borrowers reduce what they owe by $3 billion. "Bank of America is to be commended for launching a program to reduce principal balances on loans that...

Author: /time Magazine | Title: BofA's CEO: How to Win Friends and Influence People | 3/30/2010 | See Source »

...think we were pretty angry about yesterday—we didn’t stay in our system, we didn’t stay in our structure [against Brown],” VanderMeulen said. “I think we were all just ready...

Author: By E. Benjamin Samuels, CONTRIBUTING WRITER | Title: Lacrosse Cruises to Easy 19-4 Victory | 3/29/2010 | See Source »

...have such a small team that anytime someone is sick or injured it definitely affects the dynamics of the team,” McCarthy said. “We are not dependent on any one player, but we have a very small roster, so its important for everyone to stay healthy, stay uninjured...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Crimson Drops Road Contest | 3/29/2010 | See Source »

...Donna Stone, the elder man's former wife and the mother of David Jr. She said her ex-husband lived in two single trailers - "a hillbilly double-wide" - and related how he tried to recruit her into the Hutaree, saying, "'You pray as a family, you stay together as a family.'" She added: "Once he got into the big guns, I said no." She left...

Author: /time Magazine | Title: A New Name in American Paranoia: Hutaree | 3/29/2010 | See Source »

...bombings. "I am certain that law-enforcement agencies will do everything to find the criminals and bring them to justice. The terrorists will be destroyed," Putin said in televised remarks. Russian President Dmitri Medvedev, meanwhile, ordered police to tighten security across the country and urged people to stay calm. "It's absolutely clear that these kinds of acts are well-planned and intended to cause mass shock, to destabilize the country and the society," Medvedev said...

Author: /time Magazine | Title: Moscow Bombings: Are Islamist Rebels Behind Them? | 3/29/2010 | See Source »

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