Word: steffensen
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Dates: during 1950-1959
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...head off inflation in real estate many a banker (and privately, some Government officials) believes that VA mortgage terms should be tightened immediately, require at least 5% down and run no longer than 25 years. Housing inflation, said V. R. Steffensen, senior vice president of the First Security Bank of Utah, could damage not only homeowners and the construction industry but the entire economy...
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