Fixed-rate mortgage may undergo changes
The AP reports potential shift from fixed long-term loans to rollover mortgages. Regulators, lenders, and the U.S. League of Savings Associations discuss allowing periodic rate renewals, possibly every five years, to reflect inflation and market conditions. Regulators warn changes may come soon, reshaping mortgage stability.
MENTIONED IN THIS ARTICLE
John Cunniff
Chicago
U.S. League of Savings Associations
Jay Janis
Federal Home Loan Bank Board
Bank Board
a_ research
League
On this date in history 1940 and 1977 events
On this date in history several political milestones are noted from 1940 Franklin Roosevelt’s third election to 1977 Kremlin amnesty for Bolshevik Revolution anniversary prisoners. Other items include 1872 Susan B Anthony voting fine 1920 women’s right to vote 1912 Wilson presidency 1930 Sinclair Lewis Nobel Prize 1946 JFK elected 1968 Nixon defeats Humphrey 1974 elections. Birthdays Paul Simon Bill Walton Roy Rogers. Thought for today Voltaire quote. Question asks uranium d proved mosquitos transmit yellow fever discovered X rays ANSWERS
MENTIONED IN THIS ARTICLE
Associated Press
Franklin Roosevelt
Susan B. Anthony
Woodrow Wilson
Sinclair Lewis
John F. Kennedy
Boston
Richard Nixon
Hubert Humphrey
Kremlin
Massachusetts Institute of Technology
Pennsylvania
Iowa
Paul Simon
Bill Walton
Roy Rogers
Voltaire
Prosecution Targets Judge Over Bagley Trial Bias
Washington prosecutors accuse Judge Merhige of rigging the Bagley verdict in a high profile fraud case. They allege anti government bias and outrageously biased jury instructions. The nine page letter cites family ties to the Reynolds tobacco fortune and shifting venue to Virginia.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Smith Bagley
Justice Department
Bagley
Robert R. Merhige Jr
Merhige
U.S
H.M. Michaux Jr
Patricia W. Lemly
Greensboro
N.C
R.J. Reynolds Tobacco
Georgetown
Vicki
Jimmy Carter
Carter
Musgrove
St. Simon's Island
Clark Mollenhoff
Sargeant Reynolds
North Carolina
Reynolds
Lyndon Johnson
Virginia
Eugene Gordon
FBI
GOP Seeks Strategic Seats in State Legislatures
Editorial notes Republicans target over two dozen state legislatures for a one-seat gain to control redistricting after the 1980 census. Democrats hold majorities in 30 states. Republicans in 11. Key states listed include Delaware Illinois Washington New Hampshire Ohio Maine Oregon Alaska Montana New Mexico Nevada California Tennessee Wisconsin Pennsylvania Missouri Connecticut.
MENTIONED IN THIS ARTICLE
Washington
NEA
Nebraska
GOP
Delaware
Illinois
New Hampshire
Senate
Ohio
Maine
Oregon
Alaska
Montana
New Mexico
Nevada
California
Tennessee
Wisconsin
Pennsylvania
Missouri
Conneticut
Carter admits inaccurate info during 1975 campaign speech
President Carter acknowledged he gave inaccurate manpower figures at a 1975 speech to the Communication Workers of America. He later noted in a handwritten reply that the Navy has about two ships per admiral and 1.8 planes per colonel, admitting the earlier data were not accurate.
MENTIONED IN THIS ARTICLE
Carter
Communication Workers of American National Convention
Navy
Air Force
CWA
Los Angeles
Pentagon
Baker aims for second place as path to 1980 GOP nomination
Senate minority leader Howard Baker seeks the moderate bid against Reagan with a strategy built on early finishes to stay alive in the 1980 race. He hopes to win Puerto Rico’s 14 delegates before New Hampshire, then build momentum through the New England and Deep South primaries. Baker trails in recognition to Connally but edges Bush, leveraging SALT II opposition for exposure.
MENTIONED IN THIS ARTICLE
Washington
Nea
Howard H. Baker
Ronald Reagan
Baker
Senate
George Bush
Reagan
John Connally
Bush
Tennessee
Bailey
Puerto Rico
New Hampshire
New England
Deep South
Midwest
Iowa
Remembering Kennedy and DuBois Across Massachusetts
Across Massachusetts two ceremonies honored differing legacies of national impact. In Boston thousands attended the Kennedy Library dedication while in Great Barrington a plaque marked DuBois birthplace as a national historic landmark. DuBois, born before 1900 and died in Ghana in 1963, shaped civil rights and Pan-African movements, founder of the NAACP, first Harvard black PhD, and lifelong intellectual force. The piece contrasts Kennedy’s privileged ascent with DuBois’s exile and enduring influence on American life and race relations.
MENTIONED IN THIS ARTICLE
Commonwealth of Massachusetts
Bay State
Boston
John Fitzgerald Kennedy
Great Barrington
White House
William Edward Burghardt DuBois
Kennedy
Wealth
United States
DuBois
Arthur
Camelot
Ghana
Washington
NAACP
The
Crisis
Harvard University
United Nations
New York
Liberia
Communist Party
U.S.A
Roy Wilkins
New England
America
Also Mentioned on This Page
By Roger Bollen
the World Almanac
Walter S. Reed
Thomas Hunt Morgan
Wilhelm Roentgen
A.H. Becquerel
Thomas Dooley
GSI
Garr BO
Merry
Martha Angle and
Robert Walters
Julian Bond
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