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The pitch to skip a mortgage or home loan payment is centered on the lender simply extending the loan by a month and paying it on the back end. But the offer has a catch. The lender makes money on the later payment because the borrower pays a little more interest.

The specter of a credit crunch looms over the world's financial markets, but investors' fears have begun to settle. The European Central Bank pumped more money into the financial system Monday, and investment bank Goldman Sachs put $3 billion into one of its troubled hedge funds.

Karl Rove, credited for the rise of President Bush, steps down. Former Massachusetts Gov. Mitt Romney wins the Iowa Straw Poll. Former Gov. Tommy Thompson is dropping out of the race for the Republican presidential nomination after finishing sixth in the poll.

The Bush administration castigated Congress on Friday for not passing comprehensive immigration legislation and proposed rules that would require employers to fire people whose Social Security numbers don't match that agency's records.

Two suspects are now in custody in connection with a violent schoolyard attack on four college friends in Newark, N.J. Three of the victims suffered fatal gunshot wounds; a fourth victim survived and remains hospitalized. A Newark reporter discusses theories for motives in the attacks, including race.

The Bush administration has imposed new rules for the State Children's Health Insurance Program that state officials say may result in loss of coverage for thousands of kids. Congress has been working to renew the program, which is set to expire at the end of next month.

There's an unusual job fair taking place this week, but you can't get there by plane or car, or drop off your resume in person. You have to travel in cyberspace — to the popular virtual world called Second Life.

Computer data thieves who hit the Monster.com job site managed to acquire confidential information posted by more than 1 million job seekers, a company official says. The attack on Monster's site was executed from a server in Ukraine.

The mine where three rescuers died trying to rescue six trapped miners will be closed, co-owner Bob Murray tells NPR. He also says that a sixth hole may be drilled in an attempt to find the trapped miners.

Experts question whether the Crandall Canyon mine in Utah, where six coal miners were trapped, should have been operating at all. With high demand, and a high price, for coal, mine safety is sometimes compromised by digging into areas that have already been stressed.