FHA Moves to Extend Home Loan Funds Amid Tight Credit
The Federal Housing Administration plans new steps to stretch its mortgage insurance authority as the West Coast reports the tightest credit. FHA halted new commitments and will issue letters of intent to mark commitments while considering recapturing unused ones. Builders urge action to prevent a credit squeeze until a new Congress convenes.
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Long Beach Woman Receives 12350 for Hand Injury
Hazel P Woodington of 215 Pelmont Ave received 12350 after a storeroom transom fell on her severely injuring her hand. The case involved negligence by Long Beach Amusement Co owner of a jewelry and gift shop at 135 W Pike.
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Long
Long Beach Amusement Co
Train Hits Bus at Unprotected Crossing in Colombo
A train struck a bus at an unprotected crossing near Colombo on Tuesday. Unofficial reports claim 14 people were killed.
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Colombo
Ceylon
UPI
Congress to Consider Short-Term Housing Bill Extension
Fragmented OCR shows lawmakers eyeing a brief extension to housing programs with FHA authority. Reported aim is a two month renewal to sustain mortgage funding while pressing for a broader liberal omnibus. Administration seeks to keep supply lines open amid stalled negotiations.
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Congress
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