Government eases down payments widening home loans
The Federal Home Loan Bank Board boosted maximum loan amounts for 90 and 95 percent mortgages to $45,000 and $36,000 respectively, enabling buyers to purchase pricier homes with smaller down payments. The move targets major suburbs and young households earning over $10,000 annually, who show lower default risk and higher upward mobility.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Associated Press
Washington (Ap
Federal Home Loan Bank Board
Federal Savings-And-Loan Associations
Bank
Preston Martin
Nixon Arrives in Kremlin as U S Security Checks Begin
U S security teams conducted standard electronic bug inspections before President Nixon moves into Kremlin quarters for his Moscow visit. Officials say no extraordinary precautions were taken, with Secret Service and Soviet guards maintaining a visible but restrained presence. The First Lady and Mrs Brezhnev drew notable Soviet security alongside American agents.
MENTIONED IN THIS ARTICLE
Moscow
U.S
Nixon
Kremlin
Chicago
Secret Service
United States
Leonid I. Brezhnev
Communist Party
Five killed in ambulance tanker collision near Danville
A fiery crash on U S 29 and U S 58 in Danville killed five people including four aboard an ambulance carrying an ill woman to Memorial Hospital. Driver Donald W. Vasser and passenger John Irving Lemly died, along with Mrs Minnie Brooks and her daughter Virginia Parham. tanker driver Ernest Shearin also perished. Police investigated fault as flames from leaking fuel oil fed a power-substation fire. The U S Oil Co. of South Boston owned the tractor-trailer.
MENTIONED IN THIS ARTICLE
Danville
U.S. 29
U.S. 58
Donald W. Vasser
John Irving Lemly
Minnie Brooks
Virginia Parham
Danville Memorial Hospital
Ernest Shearin
South
Boston
Shearin
Weather improves with unsettled pattern drifting away
North Carolina sees a gradual break in the week of unsettled weather with variable clouds and sun in the forecast. Highs near 80 in many areas and a 20 to 30 percent chance of showers, mainly later in the day, while lows stay in the mid 50s to mid 60s.
MENTIONED IN THIS ARTICLE
North Carolina
High Point
South Carolina
Catholics End IRA Violence Call at Londonderry Mass
In Creggan Londonderry a 2000 strong Catholic gathering urged an end to IRA violence and self rule, rejecting force. Provisional IRA faction vowed to continue fighting while Officials admitted killings. a Belfast shooting fatality was reported.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Creggan
Londonderry
Irish Republican Army
Derry
IRA
Bogside
Nocent
Martin Rooney
John White
Free Derry Command
Catholic Church
Provisional
Also Mentioned on This Page
Uve
Gaylord Shaw Press
The
U.S. Oil Co
HSPR
Asheville
Fog
Augusta
Charleston
Clay
Charlotte
Columbia
Greensboro
Greenville
S.C
Raleigh
Savannah
Wilmington
Butler Aviation Gue
N.C
Ane
Eastgate Shopping Center
SupeRx
Shulton
Barnes-Hind
Wyler
Borden's Glacier
Shasta
Ene
Buddy L Electric
Rotisseries Grill
Foster Grant
Cannon Beach Towel
New Ry
Milt Pappas
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