Word: loan
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Dates: during 1990-1999
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...years, making it one of the hottest issues on the New York Stock Exchange and winning encomiums from the likes of Fidelity mutual-fund guru Peter Lynch. Just last week Green Tree reported record earnings of $227.3 million through the third quarter and a stunning 50% increase in its loan volume, to $7.57 billion over the same period last year...
...Competition for down-market customers and the profits they generate is intensifying among big mortgage providers like GE Capital, Norwest Financial, KeyCorp, NationsBank and Chase Manhattan, not to mention heavily advertised smaller outfits like the Money Store (Dial 1-800-LOAN-YES). The total for sub-prime mortgages--a figure that is growing at twice the rate of conventional mortgages--is expected to exceed $120 billion this year. Another blistering market: sub-prime cash for new and used cars. Ford Motor Co.'s Associates Corp.; Mercury Finance, based in Lake Forest, Illinois; Credit Acceptance Corp. of Southfield, Michigan; and other...
...important thing to remember for the borrower is that they need to comply with the policies of the library who owns the book," she said, identifying loan periods and fines as examples...
...Intra-Library Loan Pilot is a year-long experimental program which began on October...
...then the President's tax cuts will do the trick. He wants to provide $1,500 per year for two years of post-high-school education and a $10,000 tax credit for college tuition. Dole's more modest proposal will give a $2,500 interest deduction for student loans and restore the federally guaranteed loan program through private banks...