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...seeing delinquencies accelerate the fastest. In January, 3.32% of such borrowers were behind on their payments, up from 1.75% in August. (That doesn't include the 1.1% of borrowers already in foreclosure.) Since Fannie Mae and Freddie Mac don't buy these large loans, it's been tougher for homeowners to refinance their way out of trouble - and the new housing-rescue package, which specifically excludes jumbo loans, won't do anything to change that dynamic...

Author: /time Magazine | Title: Housing Crisis Moves Beyond Subprime Borrowers | 2/21/2009 | See Source »

Nkosi Johnson's 12th birthday is on Feb. 4. But even if he lives that long, it will be his last. Already, South Africans of all races are in mourning for him. In the war against AIDS, they don't come any tougher than Nkosi.Full Story...

Author: /time Magazine | Title: Nkosi Johnson's Last Stand | 2/18/2009 | See Source »

...tide turned as federal authorities exposed this egregious fraud," said Obie in a prepared statement. When asked why the Ponzi surge is so great now, Obie said, "What you're seeing is the collapse of Ponzi funds in hard economic times - but I'm afraid as times get tougher, we're going to see new fraud develop, especially foreign-currency fraud...

Author: /time Magazine | Title: SEC Charges Allen Stanford with Multibillion-Dollar CD Fraud | 2/17/2009 | See Source »

...It’s tougher for us to score sometimes. The foul-line is one of those areas where we try to manufacture some points,” Amaker said. “We shot a pretty good percentage from there tonight...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: NOTEBOOK: Harvard’s First-Half Play Improves in Loss | 2/16/2009 | See Source »

...Saturday night, the Crimson will face a much tougher Columbia team than it beat a year ago. The Lions have a very physical and athletic squad that loves to run. They could look to pressure Berry and co-captain Emily Tay in the backcourt, making it difficult for the Harvard guards when bringing the ball up the floor...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Lavietes to Play Host to New York Ivies | 2/12/2009 | See Source »

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