To stoke that program, Mr. Bernanke said, the government could share losses with the lender if a borrower defaulted anew, and could pay $1,000 for every loan modification.
It was even a good year for coal miners, who had their best up-year amid a decade of steep market share losses, with no end in sight.
Require any mortgage originator who sells a mortgage to Fannie Mae or Freddie Mac to take a first-loss position, meaning that if the loan goes bad, the originator, not Fannie or Freddie, is responsible for the first 5 percent loss, and then shares losses with Fannie or Freddie up to 20 percent.
The idea, aired publicly this month by the German central bank chief, Jens Weidmann, could be a game-changer in the crisis because for the first time it offers the prospect of European countries' sharing losses with the aim of making Greece viable in the long run.
The mean estimate from First Call is a six cent-per-share loss compared with a 52 cent-per-share loss a year ago.
Is it better to share the loss with him?
We share her loss with her entire family.
We share our loss with his wife, Sharon, sons, James, Robert and John Joel Dworetzky, President Rabbi Douglas E. Krantz Rabbi Seth M. Limmer Cantor Hayley Kobilinsky.
I share this loss with the thousands of students who came to love his Runyonesque character.
We share the loss with his wonderful wife Marilyn, his children and grandchildren.
