Word: wind
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Congress does wind up extending emergency funds to the FHA - which is a full-fledged part of the Federal Government, unlike quasi-government bailout beneficiaries Fannie Mae and Freddie Mac - it will be in large part because of the role the agency has played in stabilizing the housing market. Last spring, as first-time home buyers rushed to take advantage of the $8,000 tax credit designed to lure them into the market, the FHA insured a full 49% of their mortgages. In October, Congress renewed a higher limit on the size of FHA loans...
Fannie Mae has brought in a property-management company to run its rental program, but even with that imported expertise, the number of people who wind up as tenants probably won't be large. There are many alternatives that must be pursued first, including loan modification and trying to sell the house for less than it's worth. Only people who exhaust other options and are eligible for a deed in lieu of foreclosure - a process of handing over the deed in exchange for loan forgiveness - will have the option to rent. In the first nine months of 2009, Fannie...
...loan modifications aren't the long-term success the Administration is banking on, people will wind up losing their homes to foreclosure anyway, and the number of repossessed properties owned by banks will again swell. According to foreclosure tracker RealtyTrac, the number of foreclosure notices nationwide has been ticking down past three months, but the number of notices are still running about 19% higher than last year. Considering high unemployment and how many people still owe more on their mortgages than their houses are worth, there might be a chance yet for attention to turn to the idea of renting...
...hatchet over Lebanon. Even Hariri's coalition is breaking apart. Walid Jumblatt, the leader of Lebanon's Druze community and one of the architects of the anti-Syrian movement (he once told a Washington audience that America should send car bombs to Damascus), has seen which way the wind is blowing and transformed himself into an ardent Syria-phile...
...bulwark in the opposition to gay marriage. In 2004, voters in the state overwhelmingly passed a constitutional amendment forbidding gay marriage, despite the fact that it was already illegal. In part because of that vote and subsequent ones like it, Kurtz and his fellow bishops will find considerable wind in their sails when they gather next week to discuss the new pastoral letter and hear Kurtz on the bishops' efforts to defend traditional marriage through education and through active engagement in the political process. "We will be giving an update on efforts we have been making to have our teachings...