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Study: More than half of pets overweight
WASHINGTON, Aug. 30 (UPI) -- President George W. Bush plans to ask the Federal Housing Administration to raise the price ceiling on mortgage insurance, The New York Times said Thursday.
The president will announce that and a number of other steps Friday, aimed at helping low-income families hit by the subprime lending crisis, officials told the Times. Other steps would include encouraging banks to hold off on foreclosures.
Thousands of people face the loss of their homes because they obtained variable-rate mortgages and are now unable to refinance. The crisis has been followed by wild swings in the stock market and the threat of a recession if consumers and businesses, unable to obtain credit, stop spending.
Other steps would include increasing the amount of FHA mortgage insurance available for refinancing and providing tax breaks.
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TEHRAN, Feb. 13 (UPI) --
The bomb attacks on Israeli embassy staff in India and Georgia were the work of Israel itself, an Iranian Foreign Ministry spokesman said.
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NEW YORK, Feb. 13 (UPI) --
Kate Upton was revealed as the cover model of the 2012 Sports Illustrated Swimsuit Issue during Monday's taping of "Late Show" in New York.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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