Word: rated
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Dates: during 1980-1989
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...lines that, like the earth's, tend to be oriented in a north-south direction. But because the sun, unlike the earth, is gaseous, it does not rotate uniformly: bands of gases around the equator circle the solar axis once every 27 days, compared with a 34-day rotation rate near the poles...
...hottest day of the year, good people can do bad things. Especially in Bedford-Stuyvesant, Brooklyn's black ghetto where the crime rate sizzles and hopes evaporate in the summer glare. Spike Lee's Do the Right Thing is the story of a day in the death of the American Dream...
...crucial to be represented by a knowledgeable attorney and get ample security -- or at least an interest rate commensurate with the risk. If it's a second mortgage, the going rate can be 16% or more, but it's all the more important to ascertain the true market value of the property and obtain other collateral. You must be certain that there's title, fire and flood insurance on the property and that your mortgage is recorded properly. And you should never assume that a property appraised at $300,000 today will yield anything near $300,000 in the event...
...When the loan matures, you may have the opportunity to renew it on similarly favorable terms. The borrower has an incentive to stick with you: by doing so, even at an above-market rate, he saves what may be thousands of dollars in a new set of processing fees, points and closing costs...
...insolvent thrifts. Since the bonds will be sold by the RTC rather than the Treasury, Bush hoped they would be classified "off budget," meaning they would not be counted as part of the federal deficit. But by carrying that designation, they would have paid a higher interest rate than Government bonds. That extra interest expense would increase the overall cost of the bailout plan by an estimated $5 billion. The House refused to go along with that sleight of hand and voted to include the $50 billion in the federal budget. But the House exempted the S & L spending from...