FHA reforms spark S&L crisis lessons in budget debate
Congressional Quarterly reports Congress weighs FHA mortgage insurance reforms as S&L failures linger in memory. HUD officials warn against undercapitalized programs while Senate and House consider shifts between higher upfront cash plus premiums and spread payments. Industry and consumer groups back a compromise proposal amid estimates of potential homebuyer losses and the FHA's current insured annual volume.
MENTIONED IN THIS ARTICLE
Congressional Quarterly
Washington
Congress
Federal Housing Administration
S&l
Bers
House
Senate
Bruce F. Vento
D-Minn
Tom Ridge
R-Pa
Bank
Vento-Ridge
National Association of Realtors
National Association of Home Builders
The
Mortgage Bankers Association
Consumer Federation of America
Consumers Union
National Council of State Housing Finance Agencies
ACORN
FHA
TransOhio Savings to Sell Nine Columbus Branches
TransOhio Savings Bank plans to exit Columbus by selling nine branches to Household Bank of Illinois, leaving only a mortgage loan office in the city. The lender with about 5 billion in assets will maintain 68 branches in Cleveland, Akron and Cincinnati regions, pending regulator approval.
MENTIONED IN THIS ARTICLE
Cleveland
TransOhio Savings Bank
Ohio
Columbus
Household Bank of Illinois
Myron Filarski
Akron
Cincinnati
USX Gary cleanup settlement covers penalties and costs
USX Corp will pay about 34 million dollars in penalties and cleanup costs for dumping wastewater from its Gary Indiana steel mill. The out of court settlement resolves a 1988 federal lawsuit alleging violations of wastewater limits and the Clean Water Act during 1983 to 1988.
MENTIONED IN THIS ARTICLE
Chicago
USX Corp
Gary, Ind
Gary
Honda polices split benefits for injured workers
Honda of America reviews a policy that bars taking company disability benefits if a workers' compensation claim is filed. The Plain Dealer detailed cases including Rick Regan, who faced bankruptcy after lengthy hearings and mounting expenses while Honda appealed every favorable ruling. Other firms allow simultaneous disability benefits with possible reimbursement.
MENTIONED IN THIS ARTICLE
Marysville
Honda of America
the Plain Dealer
Cleveland
Honda
Ohio
Regan
The
Plain Dealer
Tim Garrett
Garrett
General Motors
Ford
Navistar
City seeks Domino's drop 30 minute pizza guarantee
Lafayette California officials urge a proposed Domino's franchise to drop the 30 minute delivery pledge citing traffic and safety risks near an elementary school and library. Franchise co owner Don Gearing says he will drop the guarantee if allowed. Domino's reviews the request but notes the policy is in contracts for all outlets.
MENTIONED IN THIS ARTICLE
Domino’s Pizza
Domino’s
Ann Arbor
Mich
Lafayette
Don Gearing
Gearing
Domino's
California
Mike Raymond
Domino's Pizza
Raymond
Icy
Huff
Also Mentioned on This Page
John Weicher
Department of Housing and Urban Development
HUD
Alfonso D’amato
R-N.y
Price Waterhouse
House Mem
Ing
Henry B. Gonzalez
D-Texas
Jack F. Kemp
TransOhio
Steel
Tokyo
Tokyo Stock Exchange
General Motors Corp
Roger B. Smith
Automaker
Detroit
Geo
Storm
Smith
Robert C. Stempel
Lorain County
Cleveland Street
Elyria
Lorain
Rick Regan
Robert Bridges
Cials
City
San Francisco Examiner
Calif
Carlos Anglin
New York
Chase
NYSE
Aw Amoco
A Deere
Wa Asnoil
Baan Bate Deltaar
Sayin
BokAm
Borden
duPonts
Kodak
Wwe
Exxon
FedEx
Abie
Hilton
Yuman
IBM
Vie
Kellogg
TY WA
Lillys
Cimitd S
ManrCr Ak Ae
MeDanl Ada
McDad
Vn Marek
Merbyn Xaos Vey
Va Milta Ms
Mobil
Morgan
Tm & Motorla
Ee Mylan
Ngerma Ib Iva
Pierre R Smith
Fo Niamp
Ee Nortep
Cleve PacTel
Wm Allied Corporation
Parcom
Wan Athel
ParkHn
Bay
We AmerShip
Pepsico
Priter
Ma Cpc Inter
Phelpt
Pheer
Atvn Abs Abn
Va Amerson
PrilGl
First Bancorp
Hills
ASU BB As— Lob Bancorp 17% Reebok 179 eVa 154% Vmn
NB Bancorp
Ba bPa
VY Tesco Inc
ReyMi
Vy Nordson
Sallie Rayio
Ada
Northern Savings Saloma Ba Veaz
Ohio Edison
SehrPls
Sehimh
PNC Corp
Sears
Py Parker Hanmitin
Sam
Smucker
Southto
Sunrise Metheal Snethes
Wat
Sunco
Percy Utilities
RBM
Syntoy
Dia Mw
Tennco
Woolworth
Aluk
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