High finance moves affect mortgage rates and Fannie Mae
Money market dynamics push interest rates higher as investors seek future gains. Fannie Mae buys mortgages, passes discount costs to builders or buyers, raising borrowing costs. Brokers scrambling to unload loans after rates bottomed out, while Oakley Hunter calls for higher FHA and VA loan ceilings to ease pressure.
MENTIONED IN THIS ARTICLE
Federal National Mortgage Associ
Ation
Fannie Mae
Oakley Hunter
Federal Housing Administration
Veterans Administration
California Air West DC9 crash kills 9. worst U S civilian loss
A Hughes Air West DC9 with 48 aboard collided with a Marine F4 Phantom over Angeles National Forest in fog. Nine bodies found in the wreckage in a rugged gorge near Duarte. Radar officer parachuted to safety. survivor later reported. The crash prompted rescue teams to halt at night.
MENTIONED IN THIS ARTICLE
George Krimsky
Associated Press Writers
LOS Angeles
Hughes Air West
California
United States
Here
van Tassel Can
Yon
Angeles National Forest
Los Angeles County
Duarte
Air West
Los Angeles International Airport
Salt Lake City
Boise
Lewiston
Idaho
Pasco
Wash
Tweed- New Haven
Malarky
Allegheny
Washington, D.C
Pittsburgh
Soviet orbital link seals up Salute space lab
Soviet Union reaches a major milestone as Soyuz 11 docks with the orbiting Salute laboratory after a 25 hour chase. Three cosmonauts board, including Viktor Patsayev and Vladimir Volkov, as plans for a network of space stations unfold and docking transport links are developed.
MENTIONED IN THIS ARTICLE
Orbiting Laboratory
James R. Peipert
Associated Press
Moscow
Soviet Union
Space Laboratory
Tass
Earth
Soyuz
Salute
Viktor Patsayeve
Patsayev
Nikolai Rukavish- Nikov
Vladimir Volkov
Volkov
The
Mitchell to Likely Lead Nixon Campaign in 1972
AP interview with Atty. Gen. John N. Mitchell shows he may manage President Nixon's 1972 re election bid if asked. He notes he would prefer Wall Street bonds work but says decisions depend entirely on the President and his wishes. He downplays fanatic tests of power while acknowledging the toll of office and the option of serving if circumstances and organization fit.
MENTIONED IN THIS ARTICLE
Mark Brown
Associated Press
Washington
John N. Mitchell
Nixon
Clarence Darrow
Mitchell
Wall Street
Justice Department
Cal
Inquisitor General
Law and Order
Buttons
Attorney General
Bobby Kennedy
Atty
Senate Shifts Draft Debate to Secret Laos Session
Senator Stuart Symington seeks a secret Senate session to discuss U S military actions in northern Laos and why they occur without congressional sanction. The move follows a Nixon administration note urging vigilance against a North Vietnamese Laos conquest and exposes CIA backed Thai troops in Laos amid draft extension debates.
MENTIONED IN THIS ARTICLE
Carl P. Leubsdorf
Washington
Senate
United States
Laos
Stuart Symington
D.o
Mike Mansfield
U.S
Thailand
Cambodia
Indochina
Nixon
Asst
David Abshire
Edward M. Kennedy
D-Mass
Hanoi
South Vietnam
Foreign Relations Committee
Symington
Central Intelligence Agency
End to midair crashes blocked by safety views
Government efforts to curb midair collisions collide with differing views on whether pilots can rely on sight alone. A recent Los Angeles area crash that killed 49 underscores the danger as jets fly at high speeds under radar rules while untracked traffic remains an unknown hazard.
MENTIONED IN THIS ARTICLE
James R. Polk
Associated Press
Washington
Bloodmobile Day Returns to Holiday Inn Stop
The American Red Cross Bloodmobile will visit the area at the Holiday Inn 2610 East Lincoln Highway. Donors may walk in from 12 noon to 5 30 p.m. Appointments are not necessary. This is the last bloodmobile visit of the Sterling Rock Falls Chapter for the fiscal year.
MENTIONED IN THIS ARTICLE
American Red Cross Bloodmobile
Holiday Inn
East
Lincoln Highway
Sterling - Rock Falls
American Red Cross
Soyuz 11 links with Sa lute space lab in orbit
In Moscow Tass reports Soyuz 11 astronauts joined the Salute space lab seven weeks after launch. The mission continues as the U.S. and allies monitor space activity amid ongoing Cold War era space milestones.
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I Pultluvinius
Preston Martin
Federal Home Loan Bank Board
Fear
By James Carrier
NEW Haven, Conn
Allegheny Airlines
Tweed-New Haven
James Malarky
Yale-New Haven
D.C
New London
Nancy Palmeiri
East Haven
Mary Baldwin
Martin Patricelli
Joseph Horowitz
Graf
Mitchell May
U. S.laos
Chicago
Marine Corps
Arkansas River Navigation System
Catoosa
Tulsa
Mrs
Dale Bumpers
Arkansas
David Hall
Oklahoma
Carl Albert
Robert S. Kerr, Jr
Arkansas River
Saigon
Sage
FBI
J. Edgar Hoover
the Navy
John H. Chafee
Pentagon
Lockheed Aircraft Corp