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2) the financial amount (money) paid by someone else for the use of a person’s money, as on a loan or debt, on a savings account in a bank, on a certificate of deposit, promissory note, or the amount due on a judgment.Interest is usually stated in writing at the time the money is loaned. Conflicts of Interest in Litigation Services Engagements-Special Report 93-2 (# 055141JA).
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· Foreclosure solutions won’t be easy. A lot depends on whether the housing recession deepens and spreads to the wider economy. If the situation worsens, the.
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· The mortgage-foreclosure mess could prove expensive for banks and investors. But in some states, it will also prolong an unintended economic stimulus: free housing for millions of defaulters. Across the U.S., banks are running into problems foreclosing on homes because of.
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The 14 percent tax hike was imposed despite double-digit declines in real estate values as south Florida was hammered by the U.S. housing and mortgage foreclosure crisis. Norman Braman, an auto dealer mogul listed by Forbes magazine among the 400 wealthiest Americans, bankrolled the petition drive that led to Tuesday’s vote.