Reforming the residential mortgage foreclosure process

Article Abstract:

Inequities in the mortgage foreclosure process could be mitigated by allowing Dutch auctions with revelation of the mortgage bank's bid price. Under the current system, the banks' superior access to information enables them to bid for foreclosed property at less than the value of the outstanding loan, resulting in deficiency judgments against homeowners. Dutch auctions, in which homeowners or their agents can gradually lower the asking price until either a bank or a third party makes a bid, would at least partly correct the existing unfairness.

Laws, regulations and rules, Finance, Mortgage banks, Homeowners, Foreclosure

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Lost in the cosmos

Article Abstract:

An excerpt from the novel "Lost in the Cosmos? Mind and Purpose in a World of Chance" is presented. The change which has occurred in mankind's understand of the universe and of nature is discussed.

Beliefs, opinions and attitudes, Portrayals, Excerpt, Philosophy of nature, Expanding universe, Lost in the Cosmos? Mind and Purpose in a World of Chance" (Book)

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Christmas in the middle

Article Abstract:

Revamped recipes for a Christmas dinner with favorite holiday dishes are presented. The dishes include grilled shrimp cocktail, brown sugar-bourbon glazed ham and herb-garlic mashed potatoes.

Recipe, Recipes and menus, Christmas cookery, Christmas cooking

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