Ottawa realtors hedge mortgages amid S&L takeovers
Ottawa realtors seek alternatives as two local savings and loans face federal seizures and moratoriums. Franklin Savings Association was seized for insolvency tied to hedging losses, while Anchor Federal Savings remains under regulators with loans halted. Agents note lenders beyond Ottawa, including First State Bank of Tonganoxie and Farm Credit, offer mixed rates and closing costs. Mortgage packaging and selling to finance firms increase out of town involvement, potentially shifting homeowners to distant lenders.
MENTIONED IN THIS ARTICLE
Diane Yeamans
Herald
Ottawa Realtors
Ottawa
Anchor Federal Savings
Franklin Savings Association
Baylor
First State Bank of Tonganoxie
S&ls
Farm Credit Association
Charlene Lister
C. Lister and Associates
Kansas City
Lister
Larry Miller
Miller-Lee and Associates
Collegians press Legislature for more university funding
The Associated Students of Kansas brought about 300 students to Topeka to lobby for increased financing for State Board of Regents institutions. A second group planned to surround the Capitol to support the Margin of Excellence program, amid budget cut fears. Governor Hayden was to address the students as leaders warned the third year of Margin would cost 16.7 million, with payrolls and tuition waivers of concern.
MENTIONED IN THIS ARTICLE
Topeka, Kan
Topeka
State Board of Regents
Associated Students of Kansas
Statehouse
Mike Hayden
Regents
Hayden
Sas State University System
Troy Lubbers
Kansas State University
ASK
Lubbers
Feds' grip firm but thrift seeks return to owners
Ernest Fleischer and Franklin Savings Association executives worked with regulators Saturday as federal seizure aimed at stabilizing the Kansas thrift. Regulators say the institution could be returned if capital and asset issues are resolved, with Fleischer optimistic about reclaiming control and value estimated between 120 million and 170 million dollars.
MENTIONED IN THIS ARTICLE
Ottawa
Kan
Franklin Savings Association
Ernest M. Fleischer
Franklin
Fleischer
Kansas
Ronn Karr
Savings and Loan
The
Savings Association
U.S. Treasury
Karr
Census count drives local funding for Ottawa
Local officials push for a complete census as 1990 forms go out nationwide. Five of six households receive 14 questions, the rest 59, aiming to count about 250 million people. Ottawa planning director Jim Shaw notes better local counts boost funds, potentially billions. Census asks residents to fill and return forms.
MENTIONED IN THIS ARTICLE
Ry Jay Bemis
Herald
U.S. Census Bureau
Jim Shaw
City of
Ottawa
Shaw
Census 90 creates local jobs as enumerators sought
Census Day nears and a Kansas City area office seeks at least 1,000 enumerators for nine counties Franklin Wyandotte Johnson Miami Leavenworth Jefferson Atchison Douglas and Brown. Pay is 6 per hour plus 24 cents per mile for 40 hours weekly over four to six weeks with tests in late March.
MENTIONED IN THIS ARTICLE
Leota Love
Kansas City
Kan
KCK
Franklin
Wyandotte
Johnson
Miami
Leavenworth
Jefferson
Atchison, Douglas and
Brown
Love
Franklin County
Jerome Barber
Also Mentioned on This Page
Steve Zak
Becky Zoglman
Kofo Radio
KFDI
Wichita
Zoglman
KOFO
Collegians
Feds
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