Word: demand
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Dates: during 1960-1969
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...mortgage with a face amount of $10,000. This has the effect of raising the return closer to 7%-a cost which homebuilders pass along to buyers disguised as a higher price for their homes. In a time of rising interest rates, when lending institutions demand increasing discounts, Fannie Mae faces a dilemma...
...upward pressure to housing costs results in a rush to dump loans on Fannie Mae. The association's resources get swamped, and it is forced to curtail purchases just when they are needed most to sustain housebuilding. When Fannie Mae moves to charge an increased discount, private lenders demand still larger ones. In its effort to conserve dwindling funds during the 1966 credit squeeze, Fannie Mae refused to buy loans larger than $15,000-a decision which Lapin says led to "pernicious inequities and market distortions" because "high-cost areas were effectively cut off from FNMA...
...panicked exodus of Asians trying to beat the deadline dealt the Kenyan economy a severe blow. Demand has dropped sharply along with heavy capital losses--an average of 5000 pounds follows every Asian family that leaves Kenya...
...reflected a new optimism about cooperation. Black leaders still stood by their legitimate complaints about the lack of courses relevant to blacks. Harvard must improve its grossly inadequate coverage of African studies. There is also a clear need for more black Faculty members, and the committee has left that demand unchanged...
...grant, which will provide aid for three years, "comes at a most propitious time," according to Daggy. "Traineeships from the United States government, scholarships from the World Health Organization, and other sources of support for students are just not sufficient to meet the present demand for admission...