Fannie Mae's Role in Mortgage Financing Explained
Washington columnist James Marlow outlines how Fannie Mae and Congress support home loans. Banks insure loans via FHA or VA guarantees, then Fannie Mae buys these mortgages, freeing bank funds for more lending. With funds exhausted, Congress may authorize more capital to sustain the system and keep housing activity alive.
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James Marlow Washington
Fannie Mae
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Jett
FHA
Federal Housing Administration
Veterans Administration
Congress
Guou
Federal Naional Mortgage Association
Fannie Mac
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the Mae
Oth Vet
China’s Hainan Island Rich in Copper and More
The report notes Hainan Island contains substantial copper along with smaller amounts of gold silver tin lead and zinc, supplementing its iron ore resources. The assessment highlights the island’s mineral diversity and potential for further exploration.
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China
Hainan Island
Smathers Says Reds Coming Out In Open With Pepper Support
United Press reports Senator Smathers launched a Florida campaign week charging Communists openly back opponent Claude Pepper. He cited a Tampa protest telegram from Florida Communist Party leader George Nelson as alleged proof of Communist participation in Pepper’s race and warned of more evidence from agitators invading Florida.
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United Pres
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Claude Pepper
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Pepper
Belleview
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Nelson
Communist Party
Florida
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Ieader
Idal T
Curfewa Signals Fire In Amber City Inhibition Era
In a period when fire posed a great menace to Amber cities, Curfewa were introduced as signals for inhibiting tows to pull their fires. The account echoes notes from the Encyclopedia Beritsames on early fire control measures.
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Beritsames
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