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Where are we in the foreclosure cycle? To use a baseball analogy, I'd say we're probably in the middle of the sixth inning. We don't see foreclosure activity peaking until sometime in 2010, and we probably won't be down to normal levels of foreclosure inventory until sometime in 2013. Year to date, we've already seen about 2.3 million households receive a foreclosure notice. That's roughly the same amount we had all of last year. We're looking at nearly 7 million households that are past due on their loans or already in foreclosure. There...
...works “to empower young people living in the most underserved communities across the country through education, media advocacy, and street-based intervention,” according to its website. She described working with communities in South Carolina in the run-up to the 2008 election, using the power of celebrity to urge the disaffected to use their vote. “We’re trying to make personal transformation hip,” she said...
...list came from a company called Pretty Polly Productions, an agency that many New England colleges use to book acts. McFadden emphasized that making the list available to students adds transparency to the whole artist-choosing process, even if many of the artists contribute to what he called "our '90s washed-up band reputation...
...TIME in touch with one Madoff investor who said he lost millions in the Ponzi scheme and confirmed that he had given the Abadis some artwork to auction. But while that person said he was happy with the price the Abadis got him, he would not let TIME use his name and said he was troubled by Southern Star using "misleading ads" to "cash in on the Madoff tragedy...
...live in Oklahoma. Fonseka, who holds a U.S. green card permanent-residency certificate, was asked to show up for an interview on Nov. 4. According to Sri Lankan Foreign Minister Rohitha Bogollagama, Fonseka had been told by the DHS official that the objective of the interview was to "use him as a source against Defense Secretary Gottabaya Rajapaksa." Apart from being a co-author of the successful campaign against the Tigers, Gottabaya Rajapaksa is also the brother of Sri Lanka's President Mahinda Rajapaksa. (See pictures from Sri Lanka when the Tamil Tigers were still a force...