End of Regulation X Shifts Mortgage Credit Outlook
New York commentary argues the end of Regulation X shifts credit controls to lenders and appraisals. FHA lowers down payment requirements for veterans while private lenders remain dominant in financing homes. Amortized loans replace fixed mortgages, but caution remains about overextension and the need for borrower character.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Federal Housing Administration
FHA
Savings and Loan
Savings and Loan Associations
Harvard
Washington
New Men’s Graduate Center At Duke Is Self-Contained Living Center
Duke University opened a new 1.54 million dollar Men’s Graduate Center near West Campus. The four story Georgian brick building houses 206 bedrooms with study desks and lounges, a large social recreation area, dining facilities seating 225 plus private rooms, a coffee lounge, and a full kitchen complex.
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New Men’s Graduate Center
Duke
Norman K. Nelson Durham
Duke University
United States
New York
Waldorf-Astoria
Graduate Center
Horace Trumbauer
Philadelphia
William Muirhead
Railroad shares lead stock rally in past week
New York markets rose as railroad stocks aided a week of mixed results. The industrial average ended unchanged at 270.55 after earlier losses, while rails gained 65 cents to 99.15 and utilities fell 30 cents. Sales totaled 5.43 million shares.
MENTIONED IN THIS ARTICLE
Elmer
Walzer United Press
New York
New York Central
United Nations
Europe
United States
Sion
Rock Island
Seaboard Air Line Railroad
Lake Superior Stands 21 Feet Higher Than Lake Michigan
Lake Superior’s surface exceeds Lake Michigan by over 21 feet, a difference noted in regional water data. The height gap reflects varying hydrologic conditions and lake level trends across the Great Lakes system.
MENTIONED IN THIS ARTICLE
Lake Michigan
Lake Superior
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Provid
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the Four Seasons
N. Y
English Channel
Normandie
Archdale
Scaramouche
Sean Parker Wi Ferrer Lewes
Richard Stone - Anderson
Tweetie
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N. Main ST
Piper Laurie
Rock Hudson
Ehnicolor
Scarlet Angel
Yvonne Decarlo
Richard Denning
High Point
Thomasville
Z Theatre
Souths
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Stoning Cromer Company Protection
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Wm Mitchell
ROLAND + BEAL
DronPson
Thomasville Road
Nick Cravat
Eva Bartok
Bugs Bunny
Marilyn Monroe
Richard Widmark
Bing Crosby
Jane Wyman
Guilford
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Television Rental and Sales Co
DIAL
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Tyrone Power
Henry Fonda
Randolph Scott
Henry Hull
Technicolor
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Outriders
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