August 18, 2009
Counties, cities seek U.S. funds for broadband network Eight Central Maryland counties and two cities have jointly submitted an application for $100 million in federal stimulus money to create a regional broadband computer network. Ira Levy, Howard County's information technology director, has been leading an effort to jointly apply for the federal funds, which would be used to link Baltimore and Annapolis to governments in Anne Arundel, Baltimore, Carroll, Harford, Howard, Frederick, Prince George's and Montgomery counties.
May 12, 2008
Let Mr. Flip piggyback on the suggestion made by his colleague Rick Maese in yesterday's editions about restoring some luster to the Triple Crown by adding a week between the Kentucky Derby and Preakness. His argument is that we would see more Derby horses in Baltimore if they had another week of rest. Good idea. And how about another one? You want to run your horse in the Derby? Fine, but you have to pledge a large fee - Mr. Flip doesn't move in horse ownership circles, so he wouldn't know exactly how much - that you'll also run your horse in the Preakness and the Belmont Stakes.
December 7, 2007
Is any show-biz industry prone to the rip-off more than home-video movie tie-ins -- the grab-bag releases that fly straight to video in order to piggyback on a theatrical film's success? Even in the VHS era, fly-by-night distributors would flood bargain bins with cheap animated retellings of fairy tales, myths and legends whenever Disney released a blockbuster like The Little Mermaid or Pocahontas or re-released a classic like Snow White and the Seven Dwarfs. These days, the come-on and execution are often classier, the content just as flimsy.
November 4, 2007
So-called "piggyback" credit-score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer. As a result, lenders continue to be misled into treating loan applicants with poor credit as prime-credit candidates - worsening already critical fraud and delinquency problems in the mortgage market. Fair Isaac Corp., developer of the FICO score widely used for home loan underwriting, confirmed that its "FICO '08" scoring model is not yet available at any of the three national credit bureaus.
September 17, 2006
NEW YORK -- Not only are children moving back home after college and asking their parents for monthly subsidies, but in a growing number of states children can now stay on their parents' health insurance plans well into their 20s. Call it another example of adultescence. With 18- to 34-year-olds the fastest-growing group of uninsured, states are extending the time that children can be dependents for insurance purposes. In New Jersey, which enacted the highest age limit this year, children can "piggyback" until they turn 30, as long as they live in the state and don't have their own children.
July 7, 2006
Wall Street is sounding the alarm on one of the most popular ways to buy a house in many high-cost areas around the country - so-called "piggyback" programs that mesh simultaneously closed first-lien mortgages and second-lien credit lines or mortgages. As of July 1, the most influential ratings agency in the mortgage arena, Standard & Poor's Corp., has upped the ante for lenders who seek to fund piggyback deals through capital market financings. The move is likely to raise interest rates and fees for some homebuyers this summer, mortgage experts say, and could reduce the volume and availability of piggyback programs overall.