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Capital, The (Newspaper) - January 27, 1986, Annapolis, Maryland Thrifts' titling agent practices questioned By DEBRA V1ADERO udEFFIECOTTMAN Staff Writers If you're buying a home in Anne Amndel chances are that you have Uttle choice when it comes to shopping for a title agent. That is the finding of survey by 210 CtplUl of the 34 banks and savings and loans that actively do business in the county The survey also found At least one savings and loan in the county gives borrowers no choice of title agent Arundel Federal Sav- ings 4 Loan Association requires that its borrowers use Benjamin Classified 268-7000 Circulation 268-4800 News Business 268-5000 VOL.CIN LAUREL GOOD DON'T FORGET Registration for adult educa- tion courses will be held from 7 to 9 tonight and tomorrow night at Severna Park and South River senior high schools and at the Arundel Vocational Technical Center. AREA Annapolis may get a sister city in the USSR. Page 25. YOUTH Some students may not have taken a recent drug survey seriously. Page 9. AWAY WE GO Away We Go lists top treks for February. Ptge 23. STATE Jeffrey and Karol Levitt learn today whether they must serve time for contempt of NATION Uganda's military rulers were overthrown Saturday. Ptgei BASKETBALL The Midshipmen lick their wounds after a woeful week. SUPER BOWL The Chicago Bears lived up to their history- PEOPLE Take in an open letter to the daughter she has not seen in 14 says she win not renew attempts to find Kyoko Cox out of re- spect for her daughter's privacy. Ms. Ono and her sec- load hus- the late John Lennon of launched an ex- unsuccessful search jtor the an 8-year-old when she disappeared with her fath- Toay in U7L In PMpfe Cox re- vealed that he and his daugh- ter spent several years in a rehfkms cult after un- because he feared he would low eutodjr of Kyo- BOW 22. Tbeyteft the cutt in un. Ms. Ono responded to her ehfid's reappearance with an open letter that in I tore yoa deeply aad woaid be very happy to hear from Per took at ether people in the news see J. LOTTERY Nnarben drawn yesterday Lotto MM INDEX Michaelson a lawyer who also sits on its board of directors Most home buyers must choose their title agent from the lender's approved list or pay a fee of as much as The approved title agents usually also work as counsel to the financial institution. At seven of those banks and savings and the business ties are still thicker. Either the title attorney of choice sits on the a principal stockholder owns the title company or the title company is owned by the lender. In the wake of scandal in the state's savings and loan industry and concern about rising closing the results raise some ethical ques- tions. The most provocative questions came from investigators appointed to probe the cause of the state's savings and loan crisis. In their the investigators cited own- ers of three savings and loans for setting up their own title companies and taking the bulk of the associa- tion's settlement work. Investigators wondered whether the practice robbed the savings and loans of Some real estate agents and inde- pendent title agents are wondering whether those lender policies cramp competition and drive up closing costs. And home buyers may how can a title agent paid by both the lender and the borrower serve two One point is The practice is both common and easily abused. The job of the title company or title attorney is to make sure that the title to a home or property is clear and the documents are in order. The in holds court when buyers and sellers sit down to settle on a transaction. For the a cozy arrange- ment with a designated lender can make practical business sense. you don't have an attorney overseeing you have a hodge- podge of documentation. The best way is to limit it to a few attorneys. That there is continuity and you have some said Ed- ward 0. Wayson one of several attorneys who handle settlements for Second National Building Loan Association Inc. He also sits on the thrift's board. To prevent such lenders like to have a title agent they trust review the work of the outside title agent. This is where the fee is generated. In this review fees ranged from 180 to If no legal tangles the task takes about two hours. The lender's in some also must prepare the documents. It's a question of ethics vs. effi- ciency. And the ethical side has the financial community divided. on Page CoL MD 20 Kadio silence Navy waylays joggers' tunes By EFFFE COTTMAN Staff Writer The Naval Academy is pulling the plug on campus joggers. The radio that is. Academy runners no longer can pound the pavement to the beat of Bruce Madonna or Sting. All Naval installations are banning the use of headphones by runners and bikers. Coupled with the new rule is a requirement that all motorists wear seatbelts. At the a scenic and popular haunt for Annapolis the ban applies only to according to LL Cmd. Stephen H. academy spokesman. So rock 'n' roll fans can stay on walkways or the track and keep the beat of the he said. Radio silence is the result of a new U.S. Department of Defense direc- tive aimed at eneanrtng safely for pedestrians and cyclists on military bases. are being made up to go up at the gates to advise fliose entering the academy of the new Clawson said. A biker wearing a headphone was injured a year ago at the apparently because he did not hear a car approaching an he said. But the new being imple- mented at military bases are not related to that Clawson said. The public can jog or bike at the academy between sunrise and sun- set. To tighten campus the academy began turning away early morning joggers a few months ago. But in recent more joggers have shown up before appar- ently unaware of the new regula- he said. Three to five runners are being turned away he said. The sunrise like the radio helps ensure safety for civilians on military he said. The academy has records of at least one case in which a pre-dwan runner fefl into the Severn he said. The dunking left the runner but he said. Along with the radio the academy plans to require everyone driving through campus to wear seat a rule already mandated at Ft George G. Meade Army base in northern Anne Arundel County. Clawson said many other Naval bases already have imposed the seat belt requirement And the Navy already required drivers and nasenijtrs in Navy ears to wear safety he saH Guards nraWHf Witt atop can and ask drivers to buckle he said Penalties have not been deter but at other motorists logging multiple violations can lose their right to drive on federal instal- he said he a Uttie tougher here considering the traffic we have with Tomorrow's High of 18 For see page 7. JANUARY 25 Cents Photo by ONE-YEAR-OLD Morgan Hlllery was under wraps and 3-year-old Forrest was under the umbrella when their Heather and took them to the Annapolis Mall Saturday afternoon. NO SNOW Major storm fails to organize By JACQUELINE TENCZA Staff Writer The flakes just didn't get it together last sparing Anne Arundel County from what forecasters had expected to be the first significant snowfall of the season. storm just didn't get organised that said Ray a forecaster for the National Weather Service at Baltimore-Wash- ington International Airport. Forecasters predicted a storm would form along the coast near the Newcomb said. IB tat Baltimore metropolitan the wtater service had predicted between 3 and 5 indSM snow on the ground by this as4 from 1 to S inches on the Shore. But eoonty residents woke to some patchy ice on with none of the white stuff snowfall for this area has been well below the annual Newcomb said. county should throw on another as temperatures are expected to dip into the teens The weather service said the wind chill factor would be near a bone- chilling sero to 25 degrees below on average in the Baltimore metropolitan area A winter storm warning was issued for parts Maryland and Delaware and snow emergency plans were in effect in five Mary- land COBatieS. both dty and county officials moni- tored the storm and county public works crews were on the street from midnight to 8 a.m. sanding slick bridges throughout the according to Danny G county director of public works. The Annapolis Public Works Department hadone man on standby last according to WHBaa chief of operations for the PvMk Works Department He said a truck is loaded with salt in case police report icy Snow feD steadily late last night in Carroll County and western but there were Page Cargo covers sought 'Tarp' backers make 26th try By LORRAINE AHEARN Staff Writer They're the Chicago Cubs of the General the Rodney Dangerfield of the group that for 25 years running has come out the session empty handed. the supporters of legislation are back this year with more proposals to make truckers cover their cargo loads. And despite vigorous and effective opposition by the truck- ing they feel their hour could be at hand. thing I want to do is get it out of committee and get it on the floor so that people can see how their legislators will said Mary a member of the county Board of Zoning Appeals. The measure which a traditional Senate sponsor calls cracked windshield would require tarpolins over an loads. Current- ly tarps are required only in cases where cargo is pfled higher than 6 inches from the top. What they lack in political putt the tarp advocates have made up for in -and the vote has been closer from year to year. But truckers have not yielded one inch toward a proposal they say would be expensive and ineffective. you put a cover on a truck you won't solve the problem because you have stones that come off the tires and from under the said George who represents the Maryland Heavy and Highway Contractors Association. major problem is not from stones dropping off the While truckers say there is no proof that uncovered loads are responsible for cracked they argue that the pricetag for a roll-away tarp would drive up the price of consumer goods and government contracts. But voter support for the which are usually the work of delegations from Prince George's and Balti- more is 97 6 according to a survey by the American Automobile Associa- tion. sentiment is absolutely said Sen. Howard who has filed a tarp bill for the past 11 sessions. come very close every year. I'm really mystified as to why some of my colleagues have voted the way they The usual graveyard for the legislation has been the House Economic Matters Committee. The panel has heavy representa- and last year voted 13-11 against a covered load bill Supporters think the tally will be different this year because legislators are up for re- election. Montgomery Delegation Chairwoman Ida preparing this week to file her 12th consecutive tarp said she has been holding strategy meetings with cittsen supporters from aroond the state. is the first time we've gotten this kind of interest in observed Mrs who said her windshield has been cracked twice from truck debris there's a tot of money involved in fighting this Yoa're fighting organised labor Bat some supporters say the reason toe tarp ea Page a. Cat Crownsville staff cut hurts care By SCOTT LAUTEN9C8LAGEI Writer Mate BMatal admaaiitratan are planning la M at CrewwvBe Hoantkal a move that say eeaW the emattfy ef care and working Mental Hygieoe Administration was determined that vffle Krabbe said The state agency expects Crowns- vine's average daBy inpatieot census to be 254 tering cnrrcat fiscal wtteb ends Ism comeared vflhllSttstyearaaf'aVfteyear posted before the start of fiscal onJnlyl State and union said it is aneertain how many emnteyaas wffl be laid off. if any At least half of the M postttens already are ant the state attests to affected workers at at ether state mstatatkms or iowa and major staff vices Joseph Cook are very said Wiflian associate director of American Federation of Ceuty and Municipal Employees think tt'i a tad commentary. Not only tie employees snflar. ratty the ettfeats at the hiaslUl an going to saM. Ht aeensed state administrators panting to the latDtty f AFYCUB half of the approximately MO em- nloyets at Crownsvilk About Mare rrprnaaaUJ by MCEA Coat saM bis top concern is find- Ing new jobs for MCKA displaced by the reduction Tbantae 4ut nmon s sttcnoeB wtu tan to wnNknr members remaining at CrownsvOa are a sitaatiea that leads to job be said. yea taft to anybody to rank and niter la as It is Ceek sail A en Cat
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