Word: economice
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That change suggests that more home owners are simply walking away from their mortgages, rather than attempting to make payments, especially during a recession with record-high long-term unemployment. "Chapter 13 was designed for regular economic times when people might lose their jobs and fall behind on their mortgage...
To help individuals make their payments, Bank of America announced in March that it would start reducing the principal on some home loans. This, after the banking industry successfully fought off attempts by Democratic Illinois Senator Dick Durbin and others in Congress to pass legislation last spring that would have...
Para is one of Brazil's most resource-rich states, part of the country's immense Amazonian region. It is, however, also one of Brazil's most violent states. In 2008 alone, 13 people were assassinated because of their involvement in land reform issues. It is a disturbing counterindicator to...
Experts on Brazil's rural violence said land ownership, along with the related issues of deforestation, logging, land grabbing and the slave labor sometimes used by powerful landowners, are the key factors in making Brazil's remote hinterlands such bloody places. "Economic interests are linked to land ownership and anyone...
Many of the most violent municipalities in the country are remote and lawless areas reminiscent of the Wild West. Settlers struggle for control of land and the small and ill-equipped police officers and justice officials are powerless to stop them. Three of the 10 towns with the highest homicide...