Veteran journalist Carl Hoffman believes he’s solved one of the great mysteries of the 20th century. In 1961 at the age of 23, Michael Rockefeller – son of New York Governor Nelson Rockefeller and a member of one of the richest and most powerful families in America ¬– travelled to remote New Guinea in search of primitive art for his father’s new museum.
Mortgage Lenders Say They’ll Help Struggling Homeowners.
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Nine mortgage lenders have agreed to a compact proposed by Gov. Ted Strickland that is designed to keep more struggling homeowners in their homes. The nine lenders, including Carrington, Citigroup and GMAC, signed the compact at a news conference Monday with Strickland. The compact calls on lenders to modify adjustable rate loans to terms that are more easily handled by borrowers at risk of foreclosure.
It also calls on lenders to notify borrowers as soon as possible after they fall into risk of losing their homes. Lenders initially balked at the compact, and Strickland had harsh words for them during his February State of the State address.