Banks back AMMINET pilot to boost mortgage funds
The American Bankers Association and several trade groups sponsor AMMINET, an automated mortgage market data network. Paul J. O'Brien announces a one year field test with 230 to 300 participating banks and a $400 monthly fee for initial subscribers.
MENTIONED IN THIS ARTICLE
American Bankers Association
ABA
Amminet
Mortgage Market Information Network, Inc
Paul J. O’brien
U.S. League of Savings Associations
National League of Insured Savings Associations
The
Mortgage Bankers Association of America
National Association of Mutual Savings Banks
Federal Horte Loan Mortgage Corp
O'Brien
Federal Reserve Board
O’brien
Mobile home prices and trends in the western market
Del Buckles of the Trailer Coach Association notes the mobile home industry's rapid growth with 72 million residents nationwide. In 1972 about 600,000 units were sold and 1973 projections rise. Arizona leads in manufacture and sales as a shift toward larger family mobiles broadens the middle class market. The association formed the Mobile Home Consumer Affairs Council to ensure customer satisfaction.
MENTIONED IN THIS ARTICLE
America
del Buckles
Central Arizona
The
Trailer Coach Association
Arizona
Buckles
Mobile Home Consumer Affairs Council
Building Your Own House What Handyman Must Know
A reader asks how to finance and legally occupy a self built home. The expert says to conform to building codes with plan and specs, possibly hire a draftsman, pass electrical and plumbing tests if doing work, and obtain lender guidance. Habitable status depends on local rules, may allow occupancy when structure is enclosed and sanitary facilities exist. verify with local building officials.
MENTIONED IN THIS ARTICLE
Gene Gary Q
Bank
Realtors appoint Overend Gruenemeier to national committees
Loyal Starcup announced Al Overend and Henry Gruenemeier were named to the National Association of Realtors committees. As national committeemen they will help plan 74 programs for the 500000 member organization, addressing mortgage funding, energy concerns, and real estate taxes. Overend leads Al io Realty and chaired the local board last year. Gruenemeier is executive vice president of the Scottsdale Board of Realtors.
MENTIONED IN THIS ARTICLE
Loyal Starcup
Scottsdale—Board—of Realtors
al Overend
National Association of Realtors
Henry Gruenemeier
Stalcup
Overend
Gruenemeier
al Io Realty
Greenemeier
Builders elect officers and extend Do It Now plan
The Home Builders Association of Central Arizona elected officers for 1974 and reviewed the industry. New officers include Jerry Marchal president and senior VP at Wood Brothers Homes, Paul Staman first VP at Staman Thomas & Co, Gem L Pennington second VP at American Continental Homes, Dan Earlie AVCO Community Developers, Larry Ludden NAHB rep at Golden Heritage Corp. Marchal said the Do It Now campaign, begun with the Arizona Land Title Association and the Arizona Mortgage Bankers Association, would continue indefinitely to educate consumers on buying a new home now amid high mortgage rates.
MENTIONED IN THIS ARTICLE
Home Builders Association of
Central
Arizona
Jerry Marchal
Wood Brothers Homes
Paul Staman
Staman-Thomas, &Co
Gem L
Golden Heritage Corp
Marchai
Arizona Land Title Association
Arizona Mortgage Bankers Association
Real Estate Briefs Highlight Arizona Sales Achievements
Scottsdale salesman of the year honors go to Norman C. Manross of Hallcraft Realty for 1973 with over 2 million dollars in sales. Philip D. Stitt joins honorary membership in the American Institute of Architects plus 100 others. Comer Construction becomes Armco Steel authorized dealer in Phoenix. Ross Caster named Phoenix office supervisor at Walker and Lee. he was 1973 Salesman of the Year and joined in 1972. Ryan Herco expands with offices in Phoenix as distributor of over 10 000 plastic items.
MENTIONED IN THIS ARTICLE
Norman C. Manross
Scottsdale
Hallcraft_ Realty, Inc
Manross
Tempe
Philip D. Stitt
Arizona Architect Magazine
American Institute of Architects
Ryan Herco
Cabot
Forbes-Arizona
Phoenix
Ross Caster
Walker and Lee Phoenix
Caster
Walker and Lee
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
Security Pacific National Bank
Los Angeles
Valley Center
Alley National Bank of Arizona
National
Welton Beckett and.Associates
Realtors
Bel-Air” Auto Leasing CO
Marchal Eta
Re Earch
Rancho Saguaro
Rancho Saguaro Models
Shea
Custom Homes
Architectura Design Servic
Carefree
Happy Hollow
P.S
Comer Construction Inc. of
Armco Steel Corp
Comer Construction
Construct Armco
Metal Building Systems
Ariz
Iece
Monterey Casita Colony
Sociable
Villa Monterey Casita Colony
Villa Monterey
Chaparral Road
Scottstale
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