Word: thirds
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...roughly 14 years that she has owned her home, Stevens refinanced three times - nothing crazy - but the bad news for her was that the third time was very near the peak of the real estate bubble. At that time, in 2005, her 3,000-sq.-ft. house was appraised at $185,000; she now owes about $159,000 on it. Real estate agents have advised her that she could not sell it for more than $145,000. Her debt is actually two loans, the larger of which was recently modified from an adjustable rate to a fixed-rate note...
...healthier banks, there's an unpleasant picture. In the fourth quarter of 2008, the nation's banks as a group lost $26.2 billion, compared with profits of $575 million for the fourth quarter of 2007. And though nearly half of the losses were concentrated in four big banks, one-third of all banks lost money in the fourth quarter, and only 36% reported year-over-year increases in quarterly earnings. The banks are clearly bracing for more bad news, setting aside more than 50% of their operating revenue to cover possible loan losses...
...Knows only a bit of Spanish, the mother tongue of one-third of Catholics in the New York City Archdiocese...
...from the Association of Southeast Asian Nations (ASEAN) began gathering at a seaside resort near Bangkok on Feb. 26 for an annual summit, thousands of anti-government protesters wearing crimson shirts congregated at the Thai Prime Minister's office, demanding that Abhisit Vejjajiva hold elections soon. Thursday marked their third day of protest, and the red-hued demonstrators vowed not to cease until their demands for fresh polls were met. (See pictures of last year's protests...
...Wednesday, the court convicted two surviving RUF leaders, Issa Hassan Sesay and Morris Kallon, of 16 out of 18 counts of war crimes, and a third commander, Augustine Gbao, of 14 counts. The charges included "acts of terrorism" against the civilian population, the use of forced marriage and, for Sesay and Kallon, the use of child soldiers...