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Cutting loan balances, even for loans in default, is supposedly so rare that Federal Reserve economists wrote in a paper in March that "we could find no evidence that any lender was actually reducing principal" on mortgages.
People with large amounts of debt, they found, are more likely to succeed in paying down their entire debt if they first attack the accounts with the smallest balances — even though that approach might end up costing them extra money in interest over the long haul.
After a bruising campaign with Mr. James, who has held some elected office or another for as long as the 33-year-old Mr. Booker has been alive, his workers had planned a series of Election Day checks and balances even before today's announcement.
Mr. Davidson's work has always been marked by a quiet sympathy that balances even his more caustic visions — gaudy Los Angeles, waitresses in a topless restaurant, the dead-end members of a Brooklyn gang called the Jokers — and by a sophisticated, undramatic sense of form.
"The commission also felt very very strongly there needed to be checks and balances even within the executive (branch) itself.
The increase in revenue and decline in interest expenses improved fiscal balances, even as primary government spending soared.
Similar(50)
TU game (14) is not balanced even though assigning the balanced weights as μ A = 1 for singleton coalitions, and μ A = 0 otherwise, inequality (10) holds.
"This just tips the balance even worse.
Yet, on balance, even this feels oddly fitting.
Striking better balance Even so, experts predict greater gender balance within corporations.
Now, A.I.G. is looking to reduce the government's balance even further.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com