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Fannie Mae Scraps Higher Downpayment RequirementsFriday, May 16, 2008
Quick: Fannie Mae is doing away with higher minimum down-payment requirements for borrowers in parts of the country where home prices are dropping. The government-sponsored mortgage finance company said Friday it will require minimum down payments of between 3 percent and 5 percent for all loans that it guarantees. That replaces a December policy that required a higher minimum if the loan was for a home in a zip code with declining real estate prices. ...continue |
April Housing Starts: Apartments Up, Single-family Homes DownU.S. builders broke ground on more homes than expected this April, but all of the additional building took place on multi-family homes. Starts on single-family homes fell to their lowest level in 17 years, the Commerce Department said today. |
Quince Por CientoLa Oficina del Censo de Estados Unidos, el 1 de mayo,rrrr informó que 45.5 millones de Hispanos vivían en Estados Unidos, en julio de 2007, equivalente a 15,1 por ciento de la población total, estimada en 301.6 millones. |
With 'Idol,' Less Could Equal MoreFox's AMERICAN IDOL which wraps up its seventh go-round next week, has become an aging tenor. It's still a far bigger draw than anything that's come along but not hitting the high notes quite the way it once did. When King Kong's grip loosens, it's news. |
Campaign Teaching Moment for JournalistsIn journalism, people of color are still a minority; among journalists of color, those who are opinion writers are a minority within a minority. According to the ASNE's 2008 diversity index, Latinos, African-Americans, Asian-Americans and Native Americans make up just 13.5 percent of newsrooms. African-Americans represent 5.3 percent of print journalists; Hispanics, 4.4 percent; Asian-Americans, 3.2 percent; and Native Americans, 0.5 percent. While the survey doesn't say how many minorities sit on editorial boards or write columns, those of us who have done both can tell yo |
Campaign Teaching Moment for JournalistsIn journalism, people of color are still a minority; among journalists of color, those who are opinion writers are a minority within a minority. According to the ASNE's 2008 diversity index, Latinos, African-Americans, Asian-Americans and Native Americans make up just 13.5 percent of newsrooms. African-Americans represent 5.3 percent of print journalists; Hispanics, 4.4 percent; Asian-Americans, 3.2 percent; and Native Americans, 0.5 percent. While the survey doesn't say how many minorities sit on editorial boards or write columns, those of us who have done both can tell yo |
Financial Tips for 2008 College GraduatesWhether graduating from a small liberal arts college or a large land-grant institution, members of the Class of 2008 will be confronting the realities of today's limping national economy. Advice from a professor of economics on how to cope with financial realities once you leave the world of higher learning follow. |