Word: commonwealth
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Dates: during 1980-1989
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Many lenders are finding it difficult to manage the sudden growth of their business. At San Diego's Home Federal Savings & Loan, mortgage applications are running at nearly five times the normal volume. Boston-based Commonwealth Mortgage is processing $40 million a week in mortgages, more than four times last year's level. Many banks that usually process a loan application in three weeks now require up to two months. Another problem: a shortage of real estate appraisers, who are needed to approve loans...
...officials also said the Commonwealth Avenue project shows the university's commitment to the revitalization of the Kenmore Square area...
...study also estimated that Massachusetts students' out-of-state visitors spend $103.5 million in the Commonwealth annually...
...several reasons for punishing," Hyatt said. "One reason is deterrence. Another is justice. If an individual is paid to kill someone, the appropriate penalty for that individual is death. The appropriate punishment for a rape-murder is death. The death penalty should be a tool available to the Commonwealth to deal with murderers...
While it is still too early to measure the success of the corporate war against drugs, some companies can already cite impressive results. Commonwealth Edison, a Chicago-based electric utility, started an antidrug education and rehabilitation program in 1982, offering treatment to users who came forward and threatening to fire those caught with drugs at work. The company also gives urine tests to job applicants. Since the program started, absenteeism is down 25%, and medical claims, which had been rising steadily at an average rate of 23% annually, rose only 6% last year. Moreover, the company had fewer...