Word: payment
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...inflated its already extravagant demands ever since its army recaptured the Iranian port city of Khorramshahr from Iraqi forces two weeks ago, causing some Iraqi soldiers to attempt to swim across the Shatt al Arab estuary to Iraqi territory. Iran is insisting on the overthrow of Saddam Hussein, payment of enormous reparations by Iraq or its Arab allies, repatriation to Iraq of about 100,000 Iraqi Shi'ite Muslim refugees of Iranian descent, and withdrawal of Iraqi forces from every square foot of Iranian territory. Iran has demanded as much as $150 billion in war reparations from Iraq, although...
...main ways that Californians have been financing the state's housing boom is with short-term loans in which virtually all of the principal comes due in a single so-called balloon payment, usually within two to five years. Homeowners had assumed that their houses would continue appreciating in value and that they would be able to borrow against the equity to pay off the balloon loan. But prices are now stagnating, and new loans are hard to get. Nearly $500 million of these balloon mortgages are coming due in California this year, and Shulman and other economists fear...
Major banks and savings and loans may let payments slide for a three-month grace period before starting foreclosure on a property. In California, homeowners legally have 90 days to make up delinquencies once a foreclosure starts. After that, lenders can move to sell the property. However, some moneymen offer almost no grace period. A group of private investors started proceedings against Colombian Immigrant Francisco Cubillos in March when he missed a $1,131 payment by just 17 days. Cubillos was able to keep his Chatsworth house only after he paid a $600 penalty along with the missed installment...
...been hiked from $31,800 in fiscal year 1980 to $49,300 in fiscal year 1981. A spokesman for the University said that the HRE administrators' pay increases stemmed in some cases from expanded job responsibilities, in one case from special bonuses, and in another instance from past payment for current and future services. But HTU leader Turk said that while HRE officials have in the past blamed a lack of attention to apartment repairs on serious fiscal constraints, the salary hikes "reveal how hollow those claims...
...this year--ones from families which, though not qualifying or not even applying for aid, are aghast at the heights to which tuition has risen. She describes frequently panicked freshman parents who "have many other expenses, a whole lifestyle, and here they are three months before making a substantial payment. It's not a good time to be planning...