Mortgage money squeeze threatens housing boom drop
A sudden mortgage loan shortage imperils U.S. home building, with officials linking the decline to lower government bond prices and the March Fed halt in bond purchases. Builders urge easing down payments to avoid further starts cuts, while authorities defend current controls as inflation and defense needs guide policy.
MENTIONED IN THIS ARTICLE
Ashington
Metador
Federal Reserve
Federal Reserve Board and Housing Home Finance Agency
HHFA
Big Four Agenda Stalls Over Treaty and Bases
Paris May 19 A disagreement over the North Atlantic Treaty and U S bases overseas blocks completion of a Big Four foreign ministers agenda. Deputies from the United States Russia Britain and France haggle over German demilitarization placement while Russia proposes dual listings with footnotes. Western delegates push to keep the NATO issue off the agenda arguing Russia is not a member. The likely result is a ministers’ disagreement item with arms reduction already split for ministerial decision.
MENTIONED IN THIS ARTICLE
Paris
U. S
United States
Russia
Britain
France
Andrei Gromyko
Gromyko
Europe
Andrei Vishinsky
Three Navy Wives Follow Husbands Across Europe
Three US Navy wives travel from Newport to Europe to join husbands aboard destroyers Buckley and Roberts. Mrs Neeta King, Mrs Phyllis Rudd, and Mrs Marion Butler describe budgeting, rail travel, and staying in touch as they tour Leghorn Paris and Cardiff. They aim to return by fall while keeping costs low and spirits high.
MENTIONED IN THIS ARTICLE
Iverpool
Eng
Uw, & Navy
Dennis J. Buckley
Samuel B. Roberts
Leghorn
Naples
Cannes
Plymouth
Cardiff
Neeta King
San Francisco
Phyllis Rudd
Pittsburgh
Marion Butler
Sew Rochetle
N. Y
Alex B. Rudd
Buckley
Daniel W. King
Herbert Butler
Roberts
Newport
R. 1
Europe
Also Mentioned on This Page
Long Beach
Barker Bros
California
Broadway
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