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High Point Enterprise in High Point, North Carolina

14 Apr 1957

Page 6

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High Point Enterprise April 14, 1957 Page 6 old newspaper archives

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 14, 1957

Page

6

Discounts reshape FHA home loans in Senate testimony

Testimony before a Senate Housing subcommittee highlights how discounts reduce the seller's net from a sale. With an FHA loan covering 80 percent of the price, sellers must pay cash discounts of 2 to 5 percent to lenders, varying by region, effectively lowering sale prices.

MENTIONED IN THIS ARTICLE

New York Senate New England Southeast Midwest Southwest Pacific Coast FHA
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Huntsville Colonel Nickerson Faces Court Martial Over IRBM Secrets

In Huntsville Alabama Col John C Nickerson Jr a leading Army rocket expert faces a 10 man general court martial starting May 15 on charges he disobeyed Army rules by sharing information about IRBM development with editors columnists congressmen and industry figures The case pits Army control of missile work against Air Force expansion amid a broader inter service feud and poses a possible preview of future space and rocket warfare dynamics

MENTIONED IN THIS ARTICLE

Huntsville Ala John C. Nickerson Jr Nickerson Air Force Army Redstone Arsenal Robert K. Bell Army Ballistic Missile Agency ABMA Billy Mitchell Mitchell Secretary of Defense Charles E. Wilson Wilson Pentagon
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Also Mentioned on This Page

Cemeat N. Main ST John C. Nickerson, JR Buick Trapeze ALCOA Firestone S. Main ST
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