Interest Hike Boosts FHA VA Mortgage Limits
The maximum rate for government insured mortgages rises to 10 percent, a 2 percentage point increase effective Monday. Realtors say higher rates will widen the market by reducing points and down payments for sellers, but some buyers near qualification may face higher monthly payments.
MENTIONED IN THIS ARTICLE
Washington
Veterans Administration
Department of Housing and Urban Dewment
John Moening
Ioeal
Soam
Bank services curbed by court ruling on customer plans
A court ruled that several popular banking practices allowing savings and loan and credit union accounts to function like checking accounts are illegal until new laws are set. Automatic transfers and share drafts tied to savings accounts would be halted, potentially affecting overdraft protection and customer convenience. Financial institutions fear disruption and some customers may switch to higher interest accounts.
MENTIONED IN THIS ARTICLE
Frank O'Brien
Guards and state bargain talks falter as strike widens
Compiled talks between the state and representatives of the striking correctional officers union recessed shortly after midnight but both sides agreed to resume negotiations at 10 a.m. today. Meanwhile stress and at least one fatal incident marked the three day old strike as more guards and civilian staff departed prisons across New York. An apparent attack killed Alvin Greenburg, an account clerk, at Woodbourne Facility in Sullivan County. More than 3,000 National Guardsmen arrived to assist, with 6,000 more mobilized awaiting assignments. Two guards at Auburn were charged with breach of peace and another with criminal mischief after jammed gates and tossed objects disrupted entrances. Police said a Guardsman’s vehicle was damaged. Arrangements were set for arraignments in Auburn City Court. Civilian personnel also left Elmira and Mid-range facilities amid threats to families. The strike stems from rank and file opposition to a 7 percent pay raise agreed by leadership. prison guards’ average pay with overtime cited as $12,078.
MENTIONED IN THIS ARTICLE
New York
Corrections Department
Ore Suraiden
Ginling Xee
Woodbourne
Sulliven
Alvin Greenburg
Emmories
Auburn Correctional Facility
Auburn
Lynn Chapman
Ami Jobo Slaski
Aubuce RD
Gary Delaney
Elmira
Council 42
American Federation of State
Federal worker resigns after refusing pay raise
Andrew Havas of the Department of Health Education and Welfare, earning 40000 annually, says he will resign on May 1 after declining a $1272 automatic pay boost. He cites inability to be effective in the federal government and recalls how regional director Taristo Cohen advised him the raise could not be refused.
MENTIONED IN THIS ARTICLE
Chicago
Sam
Andrew Havas
Health Education and Welfare
Tve
Bavas
HEW
Havas
Taristo Cohen
Cohen
Civil Service
Bavés
Washington
Carson jokes Amin could replace him on Tonight Show
NY AP UPI Johnny Carson jokingly suggested Idi Amin might replace him as host of the Tonight Show during a CBS News interview with Mike Wallace. Carson said he plans to leave NBC and end his contract around 1979, citing fatigue and a desire for a new life while denying a feud with NBC.
MENTIONED IN THIS ARTICLE
New York
UPI
Johnny Carson
Idi Amin
Bin
Carson
CBS News
Mike Wallace
60 Minutes
Wallace
NBC
NBC News
Fred Silverman
Associated Press
NEC
Henry S. Bushkin
Auto Rams Guard Rail Near State Fairgrounds
An unnamed man was rushed to Veterans Administration Hospital after his car struck a guard rail on Route 690 westbound and burst into flames near the State Fairgrounds exit. Fire departments from Solvay and Lakeside responded to the 11:25 a.m. crash. Concluded on Page Three.
MENTIONED IN THIS ARTICLE
Veteran’s Administration Hospital
Route 690
Solvay
Lakeside
Gardening Chuckle Reflects on Upward Growing Belief
A lighthearted note titled Gardening Chuckle notes that some people who believe that what goes down must come up find humor in the term 608 sporl. It playfully ties gardening notions to a quirky phrase to provoke a smile.
Pearl River Flood Worsens in Mississippi and Nearby Areas
The Pearl River neared a record crest at Columbia Mississippi as floodwaters forced evacuations of about 17 000 people and caused estimated damage around 500 million dollars Civil defense officials warned of a 29 foot crest and warned that more towns could flood while storms drenched the Gulf Coast and nearby states in the region.
MENTIONED IN THIS ARTICLE
Associated Press
Pearl River
Columbia
Miss
Houston
Minnesota
North Dakota
Red River
Oklahoma
Alabama
Mississippi
Civil Defense
Jim Thot
Hood Stage
Thornhill
National Weather Service
Gulf Coast
Ohio Valley
Great Lakes
Jackson
Spring Showers Move Into Central New York
The National Weather Service at Hancock Airport warns clouds will roll in overnight with a low chance of showers. Overnight lows drop to the mid 40s. Partly sunny conditions return tomorrow with highs in the mid 60s and a 20 percent rain chance.
MENTIONED IN THIS ARTICLE
New York Area
The
Tional Weather Service
Hancock Airport
Virginia Supreme Court clears bar for woman living with boyfriend
Bonnie Cord, a 34 year old lawyer, won a Virginia Supreme Court ruling allowing her to take the state bar exam despite living with her boyfriend out of wedlock. The court said her living arrangement bears a rational connection to her fitness to practice law and she plans to take the July Roanoke exam.
MENTIONED IN THIS ARTICLE
Richmond
Virginia Supremes Court
Bonnie Cord
Duncan C. Gibb
Supreme Court
Ms. Cord
Jeffrey Blue
Also Mentioned on This Page
Charlie Brown
Tigris Shrine
Federal Reserve Board
O'Bren
Bermuda
Philadelphia
Olivier Readkine
Alain Gouchard
Alain Gliksman
Nicholas Angel
Denis Gliksman
Andrew Bavas
Syrocuna Munie
Sabet Ove
H Ere
Idi
Pany
Silverman
He Network
Mr. Silverman
Tke Benedict Arnold
Hart
Landers
Radin
Marion
Cliff Finch
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