Mortgage money crunch eases but high rates remain under pressure
Washington AP reports the Carter administration moves to ease the nationwide mortgage money crunch by loosening federal regulations. Steps include freeing up to 2.4 billion dollars by lowering reserve requirements and allowing thrift institutions to borrow from outside sources within 60 days, potentially bringing more mortgage funds into the market. The policy aims to help lenders meet commitments, though questions remain about borrowing costs for borrowers.
MENTIONED IN THIS ARTICLE
Washington
Carter
Federal Home Loan Bank Board
Catholic marriage rules tighten in Baltimore archdiocese
Archbishop Borders announces new marriage regulations for Catholics in Baltimore requiring a minimum waiting period and multiple counseling sessions. The policy, effective soon, aims to reduce divorces and promote better preparation through two approved courses and priest or deacon involvement.
MENTIONED IN THIS ARTICLE
Baltimore
Archdocese
Poly
Washington Weary Round Ups and Varying Views Panel
A jumble of opinion snippets covers President Carter and Nixon sharing embarrassment issues, urban policy ideas inviting resident input, and stray notes on commemorations, a Virginia grave digger, bicycle safety, book notes for children, and a Dear Abby column about shared housing and clothing topics.
MENTIONED IN THIS ARTICLE
Washington
Jack Amberaah
Carter
Nixon
Coef
Marthe Angie
Robert Watters
Tom Tide
Virginia
Russel
Hugh Mulligas Te Ter
YMCA Gym and Fitness Center Tops Off in Frederick
Workmen from Morgan Keller complete the YMCA frame at 1000 N Market St Frederick as a crane raises the pine tree on the steel structure. Three workers are aloft while onlookers below watch. Completion is planned for late spring 1900 with comments on plans for a heart health program.
MENTIONED IN THIS ARTICLE
YMCA
Morgan- Keller
Frederick County
N. Market St
Plas
Sam
Frederick couple found dead in suspected murder suicide
Frederick City police report a couple at 206 South Carroll Street died from shotgun wounds in what is described as murder death by own action. Ruth A. Stambaugh, 40, and Marshall V. Stambaugh, 57, were found by a friend and officer James Bohrer. Autopsies were ordered in Baltimore as investigators led by Second Lt James R Fraley gathered details.
MENTIONED IN THIS ARTICLE
Frederick City
South Carroll Street
Ruth A. Stambaugh
Marshall V. Stambaugh
S. Carroll St
Africa denies report of nuclear explosion
South Africa rejected U S intelligence claims that it conducted a nuclear test calling the report nonsense and science fiction. Dr J Wynand de Villiers of the Atomic Energy Board and Foreign Minister Roeloff Botha questioned the allegation and suggested other powers might be involved.
MENTIONED IN THIS ARTICLE
Johannesburg
South Africa
U.S
J Wynand de Villiers
Atomic Energy Board
Atomic Arms Club
Roeloff Botha
Frederick City Police Officers Boycott Thanksgiving Dinner
Cops in Frederick protest city refusal to formally recognize the Frederick City Police Officers Association. The group votes to attend one more wage talks meeting but boycott the department’s Thanksgiving dinner on Nov 22. They warn of possible union affiliation if their recognition demand is not met.
MENTIONED IN THIS ARTICLE
Frederick City Police Officers Association
Association
Michael L. George
Frederick
Proposal to shift school funding from property taxes
Howard County Executive J Hugh Nichols urged a gubernatorial task force to let counties lower property taxes by designating piggyback income tax revenue for local school funding. The plan would allow counties to raise piggyback taxes above the ceiling to cover the local share of education, shifting burden from property owners to all income earners, with Frederck County expected to cut property taxes while raising piggyback revenues.
MENTIONED IN THIS ARTICLE
Annapolis
Howard County
J. Hugh Nichols Nichols
Nichols
Nicols
Citzens
Frederck County
Victols
Frederick County
Beck bill seeks 7 percent state income tax cap
A Beck proposal would cap future state income tax hikes at seven percent and tax increases won by the Beck bill would take effect in 1981. The plan aims to limit annual tax growth, with supporters citing surplus distributions and tax relief for low income property owners. Endorsed by Beck, the bill mirrors an assessment reform concept and would affect state revenue and budgeting.
MENTIONED IN THIS ARTICLE
Beck
del Raymond
EF Beck
Carrel Fredenck
Heineke
Rene
Eale
Cemsiauoen
Beck Warnes
Uae
Delinquent Tax List Shows Marked Decline
Frederck County Treasurer reports a drop in the delinquent list from 633 to 463 properties for the 1976 79 levy while post due delinquencies reach 2300, up 1100 from last year Payment before notice reduced the list and two more notices remain before the tax sale at Winchester Hall auditorium scheduled for 10 am on Tuesday November 13.
MENTIONED IN THIS ARTICLE
Frederck County
Auditorum of
Winchester Hall
Weather Watch Promises Cold Night Toasty Morning Ahead
Fragments describe a cold evening with low temperatures and rising winds. The forecast hints at colder conditions tonight and a cool daybreak, with some mentions of warmer periods later. The garbled text references upper river and mid area conditions, but specifics are unclear.
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Alexandria, Va
Daniel E. Lowe
Louisa, Va
Charles W. Jones Jr
Mineral, Va
Joseph D. Rollins
Hyattsville
Lowe
Servicetown
Fredericksburg
Jones
Rollins
Route 1
Mineral
London
U.S. Treasury
Europe
Samuel Montagu Ltd
Zurich
San Salvador
el Salvador
Labor and Economics
Christian Democratic Party
Jose Napoleon Duarte
Junta
Venezuela
Duarte
UAW
Chrysler
Highland Park, Mich
United Auto Workers Union
Chrysler Corp
Douglas A. Fraser
Maryland
Keller
Hagerstown
Rotary Club
MCI
Maryland Correctional Training Center
Maryland Board of Medical Examiners
Attorney General's Office
Medical Board
Marilyn Raye
Americat Library
Ansa
Youngeierd
Birve
Margrabe
West End
Abby
Colemi
Darlene Wiles
News-Post
Richard J Ashton
Africa
Botha
Antarctica
Australia
New Zealand
The
American Legion
East Church Street
New York
Citibank
Nabon
Prome
Citibank Winch Norrhanly Act Oaly
Boneen
Gene Bracken
Inside the News
Bands of Wisdom
Aaheey
Jack Anderson
Mowes
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