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U.S. Seeks More Cash to Fuel Home Loans
The Federal Home Loan Bank Board plans to widen funding by allowing higher deposits and passbook accounts. Board chairman Thomas Bomar notes large savings deposits give thrifts a funding edge and lift competition for mortgages. He cites passbook rates around 14 percent and new loan rates near nine percent nationwide.
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NEW York Stock Exchange
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BESO
Siidgas
Fleming
Garey
Lea Teepr
UBB
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Ee Lee Ian
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Sooner
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Hamat Senate
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Belotienga Yy Ie Geet Ie Bank Board
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Thomas Bomar
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