Word: mortgagees
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Dates: during 1980-1989
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The decisions were hailed by prosecutors, who have already relied on the federal forfeiture provisions to grab more than $600 million in property from drug traffickers. Said Attorney General Dick Thornburgh: "This is a notable victory in the war on drugs." The rulings were denounced, however, by defense attorneys who...
One of the most reassuring things was the rediscovery of a boundless first- name friendliness. In Los Angeles now his banker is Judy, his mortgage-loan officer Adam, and his used-auto dealer Gary. Restaurant tables are held under his first name, as are pizza orders. A TV skit conveys...
Unwilling to offend large, politically powerful constituencies, Bush refused to tax costly, non means-based entitlement programs like Social Security or Medicare for the wealthy or to put a lid on popular tax breaks for the middle class, such as mortgage interest deductions, and instead urged a dramatic cut in...
The properties are hitting a real estate market that is generally far weaker than during the go-go days of the 1970s and early 1980s. The overbuilding of offices and condos has produced a huge surplus of such structures all across the Sunbelt, and some excess properties even in Northeast...
A closer look at the data, however, revealed an underlying weakness. The economy created only 180,000 new jobs in March, down sharply from the 280,000 that were added the previous month. The unemployment rate fell because relatively few new job seekers entered the labor force in March. Among...