Tim Underwood, executive director of the Home Builders Association of Greater Kansas City, said it was too soon to tell how the infusion of mortgage money would affect the demand for home construction in the area.
42.
The Federal Reserve's infamous Regulation Q in those days limited the rates banks could pay, a move that supposedly kept mortgages affordable but in reality assured that mortgage money would dry up when market interest rates rose.
43.
Likewise, building contractors sometimes accept second mortgages in partial payment of the construction price of a home if the purchaser is unable to raise the total amount of the down payment above the first mortgage money offered.
44.
He hasn't paid any mortgage moneys in three months, refuses to move into the efficeny, ( so we can get moneys for the mortgage that is in my husband and my name ) He is alone, no family.
45.
Three major mortgage lenders _ Halifax, Lloyds TSB and the Nationwide Building Society _ quickly followed the Bank of England's move with quarter-point reductions in their rates, making mortgage money cheaper here than at any time since 1963.
46.
Oded Ben-Ami, senior loan officer for Sterling National Mortgage in Great Neck, explained that investors who make mortgage money available to lenders have traditionally earned a good portion of their income by servicing loans they purchase from the lenders.
47.
Their argument was that the value of their new home would jump once they used the extra mortgage money to gut the three-story building and fill it with new bathrooms, a new kitchen, new flooring, new windows _ new everything.
48.
"I would bet my mortgage money that you are going to see more Republicans being supportive on environmental issues, " said Rep . Sherwood Boehlert of upstate New York, who has been crusading all year to soften his party's line.
49.
Their argument was that the value of their new home would jump once they used the extra mortgage money to gut the three-story building and fill it with new bathrooms, a new kitchen and appliances, new flooring, new windows _ new everything.
50.
In the following years, real estate prices stabilized, mortgage money became available and The Southwest Corridor Coalition a task force of local citizens broken down by neighborhoods and aided by state officials, put together a comprehensive master plan to redevelop the corridor.
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