VA raises mortgage rate cap as durable goods fall
The Veterans Administration lifts the maximum rate on federally backed single family mortgages from 12.5 to 13 percent starting Monday amid a 0.2 percent drop in durable goods orders last month. Graduated payment loans rise to 13.25 percent and home improvements to 14.5 percent. VA Administrator Walters cites rising rates. Mortgage Bankers Association executive director Lasko says VA financing may become more available as sellers accept it.
MENTIONED IN THIS ARTICLE
Associated Press
Veterans Administration
Harry N. Walters
Warren Lasko
Mortgage Bankers Association
Laska Saic
Commerce Department
Defense
GAO urges SSA to pursue overpayments harder
The General Accounting Office calls for tougher action against current and former Social Security beneficiaries with overpayments totaling two billion dollars. It finds 60 percent of errors stem from beneficiaries, 22 percent from SSA delays or mistakes, and 18 percent from technical or legal issues, noting 1.4 million overpayments last September and 250 million at end of fiscal 1978.
MENTIONED IN THIS ARTICLE
Washington
Social Security Administration
General Accounting Office
Social Security Agency
GAO
Lawyer turns down 140000 from widow’s will
Chicago attorney David Murphy declined a $140,000 bequest from his elderly client Annice Saucier who had come to rely on his aid. He chose to favor nieces and nephews who helped her, saying he isn’t a great guy but a nice one. Murphy had reduced fees and once worked without charge, then faced hesitation about the tax free windfall before ultimately refusing the money.
MENTIONED IN THIS ARTICLE
Chicago
David Murphy
Murphy
Annice Saucier
Mrs. Saucier
Going Bald Help for Sebum Hair Loss in Houston Ad
An Houston ad offers a 32 day home treatment for seborrheic or sebum related hair loss. It claims many cases respond to their method while noting not all can be helped and provides phone numbers to request information with no obligation.
MENTIONED IN THIS ARTICLE
Houston
Texas
Loesch Laboratory Consultants, Inc
West Main
Also Mentioned on This Page
Gwyn McKee
Sequoyah National Wildlife Refuge
Vian
Oklo
Western Wheatland Convention Center
East Fulton Garden City
Kansas
B.U
United States
Carson City
Missouri
Wilson Cluction Service
Fannie D. Wilson
Salina
Sebum
FOF
Garden City
Cash & Carry Lumber Co. Div
Fankhauser Inc
Garden City Area
Chamber of Commerce
Garden National Bank
Western State Bank
Rangers
Ford
Ford Credit
Arkansas
Burtis Motor Company
P.O. Box
12Th & Kansas
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