Veterans Loan Q and A Summary on Guarantees and Payments
A veterans questions whether the right to obtain a co loan lasts after WWII ends. The answer: indefinite continuation ends ten years after official WWII termination. Charges for guaranteeing or insuring a GI loan are not made by VA. customary lender fees like appraisal and title examination may be charged. If loan payments are missed, default actions follow loan terms and state laws. VA does not make or find lenders but guarantees or insures part of loans and pays lenders 4 percent of the loan as credit.
MENTIONED IN THIS ARTICLE
Veterans Administration
Veteran not required to repay guaranteed loan portion
The text states that the veteran is not required to repay the guaranteed portion of the loan, implying the government covers that segment as part of the loan guarantee program. It emphasizes the exemption from repayment for that portion.
Veterans VAGI loan defaults show mix of gains and claims
VA figures through March 25 show 643000 GI Bill home loans approved with face value 3.642 billion and 1.707 billion in guarantee commitments. Claims against guarantees stood at 212 cases with 42 withdrawn. 135 claims totaling 235,400 paid, pending liquidation recoveries. Business loans show 960 claims from 9.45 million in farm loans 26,700 approved with 68 claims filed and 42 paid.
MENTIONED IN THIS ARTICLE
Veterans Administration
Farm and VA loan figures released
Government data show 12 590 loans repaid in full by March 25 including 7 698 home loans 3 920 for business and 72 for farms. Aggregate face value of repaid loans totaled 42 470 000 dollars. Farm loans may be amortized over up to 40 years.
Medical Care for All to Begin in Britain in 48 Hours
Labor Government plans a national health service for England and Wales within about a year. Hospitals and endowments would become state property. doctors and pharmacists may become employees. Health care would be a national responsibility funded by the state and existing insurance funds. Aneurin Bevan estimates five year costs at about 152 million pounds.
MENTIONED IN THIS ARTICLE
London
England
Wales
Aneurin Bevan
Texoma Holiday Magazine Due May 20
A new magazine Texoma Holiday will go on sale about May 20. It targets 6,000,000 people within a four hour drive of Lake Texoma and features photographs and articles on development and activities of the plain ground of the Southwest. Editor is D B Hardeman formerly with International News Service and Harte Hanks. Advertising director is Mickey Walker formerly with the Denison Herald.
MENTIONED IN THIS ARTICLE
Texoma
Lake Texoma
D. B. Hardeman
International News Service
Harte-Hanks
Mickey Walker
Denison Herald
Farm prices to stay high into 1947 outlook
Washington report from the Agriculture Department says farm product prices are likely to remain relatively high at least until 1947 crop prospects influence markets. It notes no immediate marked decline, with some leveling possible and March showing uneven price shifts across commodities.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Perfect Salesman Hat Buyer Seeks Suitable Elderly Style
An elderly woman, still sprightly after her sixty five years, asks a middle aged saleswoman for a hat suited to an older woman. The saleswoman hesitates and questions if the buyer is shopping for her mother. The lady completes the purchase.
Foreclosure notice in Sherman for delinquent taxes 1923 1946
City of Sherman announces in 1947 a foreclosure sale for Lots 17 and 18, Block 39, O. T. P. Whitewright, to satisfy delinquent taxes from 1923 to 1946 totaling 80.39 dollars, plus interest, penalties and costs. Court records show suit No. 55529 with pleadings and inter ventions, judgment to be rendered if no cause shown.
MENTIONED IN THIS ARTICLE
City of Sherman
A. D
Hospitalized Man Suffering Head Injuries After Contact
Frank Cape is reported at a Massachusetts hospital with head injuries and shock after coming into contact with three live wires. Police and hospital staff were notified and an investigation into the incident is underway.
MENTIONED IN THIS ARTICLE
Massachusetts
Frank Cape
Miniature Cocktail Question Sparks Curiosity
A quirky exchange asks about a miniature cocktail and whether anyone has tried it. The brief prompts curiosity about a single small drink and a playful back and forth.
Tax Foreclosure Notice for Grayson County Texas
Citation to Ed Simms and Rebecca Simms with unknown heirs and all claimants. Land and lots delinquent for taxes in Grayson County. Foreclosure bid to satisfy taxes for years 1929 through 1946. Lands Lot 15 Block C T P Whitewright Texas. Court set for June 16 1947 in Fifty Ninth District Court. Clerk S W Barnest. Deputy Nanney Drake.
Citation No. 55528 Texas case against Ned Smith heirs
The State of Texas issues citation to Ned Smith and unknown heirs and legal representatives with unknown residences. Defendants and all proper persons claiming an interest in delinquent lands in Grayson County are summoned to appear at the Fifty-Ninth District Court for the new regular term to be held.
MENTIONED IN THIS ARTICLE
Texas
Grayson
Ned Smith
Ben Meicers
Grahsom County
Also Mentioned on This Page
Veterans News
Joe Marsh
Ed Carey
Spike Miller
Spike
Sam Carter
Sam Hems
Goerniers
Coprrighs, IL
United States
Foundaties
Bulova
Jeree Ll
Fereseris oEnmlity
Jewel Bulova
T. P
Whitewright
Sherman
S. V. Earnest
Grayson County
Nancy Drake
Cardus
State of
Ed Simms
Rebecca Simms
State of Texas
Honorabie Fifty-Ninth District Court
Saad County
C. T. P. Whitewright
Shermaz
Grersom
S. W. Barmest
Nanmey Drake
Fel Tewme
Gome
Solstary
Cnet
Chiléress
Bose
Cece
The
First National Bank
Member
Federal Deposit Insurance Corporation
By Portis and
Lee
Ielepr
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