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The report’s data metrics include call handling and loan delinquency rates, and they highlight the industry’s widely varied response to the pandemic. “Many emergency mortgage protections are winding down, and servicers have had ample time to prepare for the millions of distressed homeowners who need their assistance,” said CFPB Acting Director Dave Uejio. “Today’s report should inform servicers’ own data reviews as they determine whether they are doing enough for borrowers. Servicers who find themselves at the bottom of the pack should immediately take corrective steps. The CFPB will hold accountable those servicers who cause harm to homeowners and families.” more »

Often described as the first contemporary art movement comprised of majority female artists, Pattern and Decoration — or P&D, as it is commonly known — defied the dominance of modernist art by embracing the much-maligned category of the decorative. P&D artists gleaned motifs, color schemes, and materials from the decorative arts, freely appropriating floral, arabesque, and patchwork patterns and arranging them in intricate, almost dizzying, and sometimes purposefully gaudy designs. Their work across mediums pointedly evokes a pluralistic array of sources from Islamic architectural ornamentation to American quilts, wallpaper design, Persian carpets, and Japanese Imari ware ceramics. more »

Rose Madeline Mula Writes: Why does my computer crash only when I’m behind deadline on an important project and not when I’m playing solitaire — especially since I spend much more time playing games than working. And can wine connoisseurs really detect undertones of leather, tea, oak, and dozens of other essences and aromas? When they describe a certain vintage as having “a good nose” or “legs,” are they putting me on? And when they toss out adjectives like “assertive,” “attractive,” “graceful,” and “elegant,” are they really describing the wine or the waitress pouring it? If haste makes waste, how come he who hesitates is lost? And why should we keep our noses to the grindstone if all work and no play makes Jack a dull boy? No wonder I’m an insomniac.  How can I get to sleep when I keep trying to solve life’s little puzzles—like… How come the label on my sleeping pills warns, “May cause drowsiness”?  Isn’t that the point?  more »

Aduhelm, a new Alzheimer’s drug approved by the Food and Drug Administration last month, could be prescribed to 1 million to 2 million patients a year, even if conservative criteria were used, according to Biogen and Eisai, the companies behind the drug. The total annual price tag would come to $56 billion if the average list price, $56,000, is applied to the lower end of the companies’ estimate. That’s a huge sum by any measure — more than the annual budget for the National Institutes of Health (almost $43 billion this year). Yet there’s considerable uncertainty about Aduhelm’s clinical benefits, fueling controversy over its approval. The FDA has acknowledged it’s not clear whether the medication will actually slow the progression of Alzheimer’s disease or by how much. more »