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...none of that means rent-backs won't eventually take off. There are plenty of examples in the recent past of housing policies starting at the federal housing agencies and later expanding industry-wide thanks to strong-arming from some combination of the Obama Administration and Congress. Loan modifications are the quintessential example. Perhaps one more relevant bit here is the law that was passed earlier this year requiring banks that repossess houses to honor the terms of existing leases (i.e., to not immediately kick out any existing renters). Fannie Mae already had such a policy in place. Over...
...Senate and one of the primary “swing votes” whose whims shall dictate the fate of health insurance reform, said that “you could be sure I would vote against it” if the Senate bill does not contain language as strong as Stupak’s on the issue of publicly funded abortions...
...Claire’s] got the talent that it takes [and the] hard work that it takes,” Chenoweth said. “She’s shown that she can step up. [This weekend] it’s going to take strong performances from all the girls, and I think we’ll see that happen...
While it may not have much to lose, Harvard is going into the playoffs with the momentum of a strong regular-season finish. The Crimson claimed the Ancient Eight championship in a 2-1 overtime win over Columbia, boasted a 8-1 record in its final nine games, and put together a six-game win streak through the end of October...
What's the outlook for commodities like gold? Risk aversion will continue, and that means continued interest in commodities. Gold will be strong but, interestingly, not because of inflation but because as the dollar gets weaker, people want someplace safe to put their money, and right now they view gold as more stable than the dollar.(Read "How to Know When the Economy Is Turning...