Government cuts FHA VA home loan rate to 8.75 percent
The U S government lowered the ceiling on single family government insured home loans to 8.75 percent from 9 percent effective on loans closed after Jan 5. The change also introduces a two tier rate system differentiating single family and multi family loans to support housing sectors.
MENTIONED IN THIS ARTICLE
Washington
Federal Housing Administration
Veterans Administration
Carla A. Hills
Housing and Urban Development
FHA
Red Fleet Outstrips U S Navy says British expert
London AP reports Capt John Moore asserts the Soviet navy is the most potent in firepower ever but American sailors excel in seamanship and maintenance. He notes Soviet long and short range missiles threaten global shipping while US crews remain superior in skill and shipboard operations. Weather outlook included.
MENTIONED IN THIS ARTICLE
London
John Moore
Russia
U.S. Navy
Moore
North America
Europe
China
Barents Sea
Arctic
Jane's Fighting Ships
Fom
Royal Navy
Defense Intelligence Staff
Little Rock
U.S
Mediterranean
Cuban Troops Say They Shot Deserting Allies in Angola
Cuban soldiers in Angola report they had to shoot some left wing allies to prevent desertion. Interrogations quote Cuban officers saying some deserters were executed. The accounts note 500 Soviet advisers avoiding front lines while 7,500 Cubans fight with the Popular Movement for the Liberation of Angola.
MENTIONED IN THIS ARTICLE
Angola
Popular Movement For the Liberation of
Popular Movement
National Front For the Liberation of Angola
The
National Union For the Total Independence of Angola
Quibala
Cambambe
Luanda
Texeira de Sousa
Benguela
Mozambique
Guinea-Pissau
FTC Proposes Rules to Stop Used Car Deception
The Federal Trade Commission proposed rules requiring dealers to disclose known vehicle conditions including mileage prior use and major repairs. Violations could bring up to 10,000 dollars per day fines. The plan also would require upfront warranty details and whether a car is sold with or without warranty. Public comment welcomed. implementation could take 18 months.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Ford May Attend CIA Aide's Rites
Washington reports President Ford may attend the funeral of Richard S. Welch CIA station chief in Greece who was murdered last month. Welch will be buried at Arlington National Cemetery in a ceremony led by CIA Director Colby with a large government and family delegation. his wife has been ill in Naples delaying the burial.
MENTIONED IN THIS ARTICLE
Federal National Mortgage Association
Washington
API
Ford
Richard S. Welch
CIA
Greece
White House
Welch
Athens
Kiki
United States
William E. Colby
Andrews Afb
Naples
Italy
Butler joins Bicentennial Wagon Train pilgrimage
Norman Butler of Orlando Florida a World War II veteran wheels himself toward Pennsylvania pulled by a pony as he joins the Hawaii and California contingent of the Bicentennial Wagon Train Pilgrimage. He plans to ride his wheelchair the full 3000 mile route.
MENTIONED IN THIS ARTICLE
Norman Butler
Orlando
Fla
Pennsylvania
Hawaii
California
Butler
Also Mentioned on This Page
Golden Spread
Amarillo Daily News
Red Fleet
Fargo
N.D
Inside News
Amusements Enon
Eeew
United Press International
Arlington National Cemetery
Buri
Arlington
Potomac River
Lincoln Memorial
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