Increasing Equity Mortgage reshapes loan math and risk
The article describes increasing equity mortgages a hybrid fixed and adjustable loan where payments rise 3 to 5 percent annually yet the loan ends in 11 to 13 years. It notes these loans pay down principal faster, appeal to secondary market investors, and require careful budgeting though payment jumps can surprise buyers. It cites Guaranty Savings Milwaukee early adopters and compares to a standard 30-year fixed rate loan of $50,000 at 16 percent.
MENTIONED IN THIS ARTICLE
Kim Kendall
U.S. League of Savings Associations
Guaranty Savings
Savings and Loan Association
Milwaukee
Kendall
Charles Sandine
Guaranty
Sandine
Debates Clash Over Kansas Gubernatorial Campaign
Kansas gubernatorial candidates clash over joint debates as Republican Sam Hardage signals flexibility while Democrat John Carlin agrees to two appearances. Scheduling remains unsettled with possible Wichita and Topeka telecast debates and negotiations continuing through October.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Sam Hardage
Hardage
Colorado
Wichita
John Carlin
Carlin
Bill Hoch
Hoch
Wibw-Tv
Kansas Information Network
Martin McClaskey
American Party
Frank Shelton
Wichita League of Women Voters
Kansas State Network
Ktvb TV
League of Women Voters
Ktps TV
Kake-Tv
Wichita Jaycees
Delayed Student Loans Hit Kansas State and UMKC
The Associated Press reports guaranteed student loans for fees books housing and meals are delayed for thousands nationwide including about 6000 at Kansas State and up to 600 at UMKC. A federal regulation change Aug 1 slowed processing with checks paused for 15 days while reprogramming. UMKC may tap a $200,000 short term loan to cover needs. KU and Mizzou Columbia reported no large delays.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas State University
University of Missouri- Kansas City
Dallas Martin
National Association of Student Financial Aid Administrators
Kansas State
UMKC
Buford Baker
University of Kansas
University of Missouri- Columbia
Hall of Fame plan explores hands on exhibits and outdoor displays
Booth outlines a redevelopment plan for the hall featuring climbable children's exhibits and outdoor old town and old farm displays around crop and wooded grounds. He cites debt as a barrier but insists the site is viable and worth preserving despite erratic attendance since opening in 1965.
MENTIONED IN THIS ARTICLE
Booth
Solstar 1 Solar Systems Sold in Family Circus Ad
An advertisement seeks two salesmen to market a Solstar 1 solar system described as largely funded by state and federal tax credits. The sale pitches the product as heavily subsidized, targeting readers of The Family Circus.
MENTIONED IN THIS ARTICLE
Solstar
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Personals Narcotics Anonymous
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Spratt‘s
Rantoul
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David A. Goodell
Indiana
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Joseph F. Ellenbecker
Shelly Ellenbecker
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Joseph P. Ellenbecker
Wanda Tiller
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the Family Circus
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