Word: summers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
What really irks Butler and her neighbors is that they were led to expect much more. They saw hope last summer when Congress passed the Housing and Economic Recovery Act, which seemed to promise housing relief for hundreds of thousands of homeowners like Butler via mortgage-restructuring aid. But for reasons no one in Washington has adequately explained, that part of the bill never really materialized. What foreclosure-ravaged communities got instead were slivers of a $4 billion Neighborhood Stabilization Program (NSP) fund to buy and refurbish already foreclosed homes. The city of Miami Gardens received $6.8 million, enough...
...Florida homeowner advocates say most lenders were hardly as amenable to mortgage relief last summer as they've become in recent months, when local governments like Miami Gardens began pressing the issue. "We're seeing a change, more willingness among the banks to cooperate," says Arden Shank, head of the Miami nonprofit Neighborhood Housing Services, which is working with Florida cities to counsel homeowners on foreclosure prevention. "Not too long ago, most banks wouldn't even talk to us." (Read "Fannie and Freddie Offer New Plan to Help Homeowners...
...Coconut Cay lenders might be to lower loan principals down to the houses' current, and more reasonable, market values (especially since the houses in many cases are worth less now than the mortgages anyway). That's the kind of foreclosure-prevention relief that cities like Miami Gardens thought last summer's federal legislation was going to facilitate but didn't. Which leaves communities to depend on little more than good corporate citizenship from many of the same companies that helped create the housing mess in the first place...
...concentrate on their many own tasks rather than imagining a dreamy world in which competing national interests have somehow disappeared. Europeans, in particular, need to get past the lovestruck phase of their Obamaphilia - typified by that still astonishing crowd of 200,000 that cheered him in Berlin last summer - and have a clear look at the world they inhabit, and how they might best...
...life. Some council members concentrated on initiatives like the Endowment for Divestiture, a fund for students who wanted their senior gift contribution held in escrow until Harvard divested from Apartheid South Africa. Closer to home, the UC honored teachers with the new Levenson Awards and convinced Harvard to maintain summer storage. One of the UC’s sweetest successes during its first five years was the addition of chocolate milk to dining hall machines. Alas, it also had to deal with drier administrative issues like Ad Board and calendar reform. In 1995, the UC began popular presidential elections...