Dateline USA

FDIC program to help homeowners

Sunday, 12 October 2008 10:47 Momar Visaya/AJPress

NEW YORK CITY - Sheila Bair, chairman of the Federal Deposit Insurance Corporation, delivered a short address on the future of mortgage financing at a conference call with consumer groups last Oct. 9 and discussed the FDIC’s updated “loan modification plan” that allowed borrowers from the failed IndyMac bank to renegotiate to lower-interest, fixed rate loans.

“Our initial targets are those who are already delinquent, those who are nearing foreclosure. We have been systematically identifying loans that are delinquent and modifying the terms for these loans,” Ms. Bair said.

‘Golden Boy’, ‘Pacman’ Ready for Dec. 6 Fight

Friday, 10 October 2008 14:43 Joseph Peralta/AJPress

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SAN FRANCISCO - Amid applause and chants of “Oscar” and “Manny” from their respective fans, boxing champs Oscar De La Hoya and Manny Pacquiao stormed through Upper Fort Mason in San Francisco, each vowing to fight to the last breath when they take on each other at the MGM Grand in Las Vegas on December 6.

Billed as “The Dream Match,” both De La Hoya and Pacquiao bring impressive credentials to the non-tile bout which is set at the welterweight limit of 147 pounds.

Journey shines at the Greek Theatre

Friday, 10 October 2008 14:37 Joseph Pimentel/AJPress

LOS ANGELES - Walking towards the Greek Theatre the night of Sept. 30, the cool air blew against my face while I heard sounds of music from afar.

“Sold Out” flashed across the neon lights while groups of people stood outside like a herd waiting to be ushered.

How Hollywood stars lend their star power to promote global causes

Friday, 10 October 2008 13:37 Momar Visaya/AJPress

NEW YORK CITY - From curbing world hunger to promoting water and sanitation, from battling the AIDS epidemic to pushing for more cancer research, Hollywood celebrities are lending their fame, influence and star power to make sure that such global issues get noticed by more people.

At the recently concluded Clinton Global Initiative’s annual meeting, there was no shortage of celebrities and famous world leaders who have adopted causes to help and subsequently promote.

SOLID VOTING BLOCK OR SWING VOTE: Asian Americans could decide presidential race

Tuesday, 07 October 2008 13:13 Momar Visaya/AJPress

NEW YORK - Asian American voters prefer Sen. Barack Obama, 41 percent to 24 percent nationally, over Sen. John McCain, according to a new national survey on Asian Americans released Monday, Oct. 6.

But that’s not the entire story.