Banking survey shows lending steady amid money tightness
A national ABA poll of 110 bankers finds no substantial drop in mortgage lending despite money scarcity. ABA president Shanene Ho Adams says rates rose without draining funds, few housing commitments fell, and usury laws and rate gaps shape lending. Adams argues against rollback of savings ceilings.
MENTIONED IN THIS ARTICLE
American Bankers Association
HABA
Shanene Ho Adams
ABA
Adams
National Association of Home Builders
Contary
Credit policy a failure says national homebuilders chief
George C. Martin president of the National Association of Homebuilders denounces the rise of the FHTA VA mortgage rate to 8.5 percent as proof of failed federal credit and housing policies. He says inflation policy shifts burden onto consumers and foresees a housing market downturn due to higher rates and rescinded rate ceilings. He warns savings institutions face large August losses as funds move to commercial banks.
MENTIONED IN THIS ARTICLE
Washington
George C. Martin
National Association of Homebuilders
Nee
Martin
Federal Reserve Board
Department of Housing and Urban Development
Veterans Administration
Savings and Loans and
Mutual Savings Banks
Mesa Mall Start Planned in East Mesa Center
Developer Cecil Owens of Alpha Four Inc. says the 63 acre Mesa Mall shopping center in east Mesa will begin this fall with a banking and professional services complex. The project, approved by Maricopa County Planning and Zoning, is expected to employ over 1 000 Arizonans with a payroll above $7 million. Formal opening is slated for fall 1975.
MENTIONED IN THIS ARTICLE
Mesa Mall
East Mesa
Cecil Owens
Alpha Four Inc
Maricopa County
Owens
Ellis, Murphy, Holgate and Johnson
Broker License Suspended for Tucson Real Estate Agent
Phoenix reports the Arizona State Real Estate Department suspended Art Mahany’s broker license after he failed to deposit funds held in trust pending a land deal and did not notify the sewer department that the agreement had been cancelled. Mahany waived a hearing and agreed to comply with the department’s decision.
MENTIONED IN THIS ARTICLE
Phoenix -Uphi
Tucson
Art Mahany Tenet
Voannos
Construction dictionary released by Phoenix NAWC chapter
The Phoenix chapter of the National Association of Women in Construction offers a revised Construction Dictionary with over 12 000 terms and 13 900 definitions. The book costs 15 dollars plus 50 cents handling and can be ordered from P O Box Wide, Phoenix 85006.
MENTIONED IN THIS ARTICLE
Phoenix
National Association of Women In Construction
Associated General Contractors
Arizona State Universit
Phoenis
P.O
Camelback del Sur Resort Named After New Owners
Don and Shirley Jones announce the Fl Oeste Lodge is renamed Camelback del Sur at 4649 N 56th St Phoenix. The southern Camelback Mountain setting suits a self guided vacation vibe with 10 furnished units, pool, fireplace, barbecue, shuffleboard, table tennis and citrus trees, rental rates from 15 to 35 dollars per day.
MENTIONED IN THIS ARTICLE
Camelback del Sur
Phoenix
Don and
Shirley Jones
56Th St
Camelback Mountain
del Sur
South
Scottsdale
Also Mentioned on This Page
Charles Luckman Associates
Shea
Thunderbird
Verend
Area Resort
United
Western Realty
McKnight Ave
the New American
Bendad
Scottsdale Park Villas
America
G.E
Cottie
Shea Blvd
McCormick
Scottsdale Rd
Indian Bend Rd
McCormick Parkway
Hayden Road
Paseo del Norte
Arizona
Dick Finnegan, Inc
AIRD
Cupertino, CA
Ward Homes Inc
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