Proposed Federal Form Could Cripple Homebuyers
Washington AP reports Ralph Nader and Senator William Proxmire criticise a federally drafted mortgage form by Fannie Mae and Freddie Mac. They warn lenders could start foreclosures without notice and demand unlimited tax and insurance accounts, with potential misuses of insurance. Proxmire and Eaton defend the proposal as needed for mortgage money. Nader urges consumer protection.
MENTIONED IN THIS ARTICLE
Washington
Ralph Nader
William Proxmire
Federal National Mortgage Association
The
Federal Home
Proxmire
Lewis E. Eaton
U.S. Savings and Loan League
Berkeley Radicals Run to Take City Council Control
In Berkeley California radicals launch a major bid to seize a 4 of 9 council seats and push a city charter splitting the police into three district controlled forces. The mayoral race features two black candidates among nine, with ties to radical groups and potential police reorganization amid student dissent.
MENTIONED IN THIS ARTICLE
Berkeley
Calif
University of California
D'Army Bailey
Ira T. Simmons
Rick Brown
Llona Hancock
One
Wallace Johnson
Wilmont Sweeney
Sweeney
Warren Widener
Widener
Justices Black and Douglas Fight Court Drift
In a heated dissent, Justices Black and Douglas accuse conservative colleagues of abandoning strict constitutional construction as Burger and Blackmun shift the court right. Black objects to reviving citizenship loss for naturalized Americans abroad and Douglas decries a ruling allowing informers with hidden transmitters and recorded conversations in narcotics cases.
MENTIONED IN THIS ARTICLE
Washington
Hugo L. Black
William Q. Douglas
Supreme Court
Nixon
Warren Court
Black
Douglas
Warren Burger
United States
Backing Away Not In New Chairman's Plans
Washington AP reports Railpax chair David Kendall says he will not back away from major passenger train changes despite uproar from cut regions. He touts 184 trains serving 114 cities and future expansion potential as Railpax begins May 1 with a $40 million grant and up to $300 million loan capability.
MENTIONED IN THIS ARTICLE
Washington
Railpax
David W. Kendall
Railpax Board
Senate Appropriations
Kendall
Senate
Hugh Scott
Pennsylvania
Mike Mansfield
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