Word: loans
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Dates: during 1990-1999
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Huidekoper says that she and Rudenstine approve the loan requests of her fellow vice presidents, and she approves...
Some 200,000 Americans should have an easier time affording a home come Jan. 1. Fannie Mae, the government-chartered mortgage financier, just raised its 1999 single-family loan limit to $240,000, from the current $227,000. That means more borrowers will have access to the lower rates and fees of Fannie Mae-backed mortgages...
...asked to join the board of the Columbus Savings & Loan Society, a modest bank in North Beach, the Italian section of town. Giannini soon found himself at odds with the other directors, who had little interest in extending loans to hardworking immigrants. In those days banks existed mainly to serve businessmen and the wealthy. Giannini tried to convince the board that it would be immensely profitable to lend to the working class, which he knew to be credit worthy...
Giannini also made a career out of lending to out-of-favor industries. He helped the California wine industry get started, then bankrolled Hollywood at a time when the movie industry was anything but proven. In 1923 he created a motion-picture loan division and helped Mary Pickford, Charlie Chaplin, Douglas Fairbanks and D.W. Griffith start United Artists. When Walt Disney ran $2 million over budget on Snow White, Giannini stepped in with a loan...
...Yevgeny Primakov avoided asking for any when he met with Michel Camdessus. The IMF head left Moscow Wednesday making positive noises about Primakov's "pragmatism" and promised to return in January, but he signed no checks. Although Russia is desperate to get the IMF to release a $4 billion loan that has been withheld out of concern over Moscow's economic intentions, Primakov used the meeting as a fence-mending exercise. "The last meeting between the two sides was disastrous because Russian officials started shouting that they wouldn't be treated like a developing country," says TIME Moscow correspondent Yuri...