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The Two-Way
4:20 pm
Tue July 31, 2012

Fannie, Freddie Regulator Holds Firm Against Mortgage Write-Downs

Many experts say reducing mortgage principal can help troubled homeowners avoid foreclosure and stay in their homes. But the regulator who oversees two of the nation's largest mortgage holders, Fannie Mae and Freddie Mac, has rejected the idea.
Justin Sullivan Getty Images

A federal regulator is blocking the government-owned mortgage giants Fannie Mae and Freddie Mac from reducing the principal that homeowners owe on their mortgages in order to avoid foreclosures.

Tuesday's decision came from Edward DeMarco, the acting director of the Federal Housing Finance Agency.

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It's All Politics
4:10 pm
Tue July 31, 2012

Obama And Bush's Shared First-Term Obsession: Battleground States

What does President Obama have in common with his immediate White House predecessor?

Both men spent a disproportionate amount of their first terms making appearances in battleground states, Brendan Doherty, a political scientist at the U.S. Naval Academy, writes in a post on The Monkey Cage political-science blog.

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The Torch
3:58 pm
Tue July 31, 2012

With A Tiger's Help, Orange Juice Helps Lighten The Mood At Olympics

On their bottles, Innocent declares itself the juice of champions — before adding, "rather than bang on about it, we thought we'd show you a picture of a tiger running through his pre-swim checklist." The drinks are a welcome sight at the Olympic media center.
Vickie Walton-James NPR

When you spend hours on end at a media center, even if it's on an assignment as terrific as the Summer Olympics, the refreshments can get to be, well, familiar.

But no contempt has been bred here. That's partly because of Innocent brand juice — the "official smoothie and juice of the London 2012 Olympic games," as the label says.

And any drink that can make us chuckle on deadline is greatly appreciated. Especially if it's what's on the outside of the bottle that makes us laugh.

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The Torch
3:21 pm
Tue July 31, 2012

Phelps Sets New Olympic Record With 19 Medals; America's Schmitt Wins Gold

U.S. swimmers Conor Dwyer (left), Michael Phelps, Ryan Lochte, Ricky Berens poses on the podium with their gold medals after winning the men's 4x200m freestyle relay final at the London 2012 Olympic Games.
Fabrice Coffrini AFP/Getty Images

Originally published on Tue July 31, 2012 5:35 pm

The U.S. men's swimming team has won the 4x200m freestyle relay, in a race that also gave Michael Phelps a record 19 medals in the Olympics. He netted his 18th, a silver, earlier in the day.

Update at 4:05 p.m. EDT: For the relay final, the American team swam in the fourth lane, next to their greatest rivals, the French, who posted the fasted qualifying time. The French are led by Yannick Agnel, who soundly defeated Ryan Lochte and others in the men's 200m freestyle Monday.

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Shots - Health Blog
3:19 pm
Tue July 31, 2012

NIH Official Calls For Extension Of Moratorium On Bird Flu Experiments

National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said a voluntary halt to bird flu research should stay in effect.
Chip Somodevilla Getty Images

Originally published on Tue July 31, 2012 4:11 pm

A voluntary moratorium on certain experiments involving forms of bird flu altered in laboratories should continue until there can be more public discussion of safety concerns, a prominent government official told flu researchers at a meeting in New York City Tuesday.

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