HUD and Bank Board Move to Ease Mortgage Crunch
The Carter administration moves to loosen mortgage funding with HUD and the Federal Home Loan Bank Board raising ceilings and reserves. Rules cut thrift reserves by 2.4 billion and permit outside borrowing, while FHA, VA ceilings rise to 11.5 percent and 11.5 percent respectively. Some non federally insured rates stay high and lending may lag in about 20 states with 12 percent or lower ceilings.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
Savings and Loan Associations
Federal Housing Administration
Veterans Administration
Department of Housing and Urban Development
HUD
Bank Board
Cuyahoga Skipper Loses Directed Acquittal Bid
YORKTOWN Virginia AP The coast guard cutter Cuyahoga commander faces trial over the Santa Cruz II collision as Judge Cmdr. R A Appelbaum denies a motion for a directed verdict of acquittal. The defense argues no duty to plot exact ship position was proven.
MENTIONED IN THIS ARTICLE
Yorktown
Coast Guard
Cmdr
R.A. Appelbaum
Donald K. Robinson
Jerome Flanagan
Robinson
Chesapeake Bay
Flanagan
Appelbaum
James Mead
Mead
Schultze outlines inflation program and underlying rate concerns
Schultze said the anti inflation program aims to curb energy price effects and federal spending. He cautioned that even with success the inflation rate could hover around 8 to 9 percent, driven by energy and housing costs. He noted productivity slowdowns as a key factor and broken down the components to justify current rates.
MENTIONED IN THIS ARTICLE
Schultze
Washington Econ
Time Change This Weekend Across the U S
The United States shifts from daylight saving to standard time this Sunday at 2 a.m. with clocks turning back one hour. Arizona Hawaii and much of Indiana stay on standard time. Daylight saving runs from the last Sunday in April to the last Sunday in October.
MENTIONED IN THIS ARTICLE
Washington
Arizona
Hawaii
Indiana
Congress
United States
Weather summary and extended forecast for Northern Valley and Virginia
Clear and cold tonight with freezing temperatures and upper 20s to 30s lows. Saturday will be mostly sunny with highs in the upper 50s to around 60 in Virginia. Extended forecast calls for partly cloudy conditions Sunday through Tuesday with highs mid 60s to low 70s and scattered showers Sunday. Rainfall data and monthly averages are provided.
MENTIONED IN THIS ARTICLE
Virginia
National Weather Service
Beta Sigma Phi Bake Sale at Ward Plaza Tomorrow
Delta Tau Chapter hosts a bake sale at Ward Plaza Shopping Center from 10 a.m. to 2 p.m. featuring homemade items. Proceeds support the sorority.
MENTIONED IN THIS ARTICLE
Delta Tau Chapter
Beta Sigma Phi
Ward Plaza
Credit Quality Expected to Deteriorate Amid Tightening Money
The article reports warnings that credit quality may worsen as the Federal Reserve tightens money supply. Analysts like Henry Kaufman foresee substantial deterioration in credit quality, with households maintaining living standards until pressures overwhelm them and businesses facing large external cash needs.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Henry Kaufman
Frankfurt
Germany
Kaufman
Professional Division Moving Ahead in United Fund Campaign
Mrs. George B. Caley chairs the Professional Division with a team including Banks Anthony Barone Karen Corrigan Bruce Downing and others. The division has reached 18 961 or 75 percent of its 25 000 goal while the United Fund totals 123 461 or 62 percent of 199 200.
MENTIONED IN THIS ARTICLE
George B. Caley
United Fund
Banks
Anthony Barone
Karen Corrigan
Bruce Downing
Sam Ensogna
Lewis Hyde
Gail Johnson
Ellen Mason
Jake Mast
Terry Sinclair
M.D
Herbert Wood
Robert Woodward
John Capehart
Linda’s
Caley
Winchester Memorial Hospital
George Washington Home
United Fund Board
Braddock Street United Methodist Church
Also Mentioned on This Page
Margie
Cuyahoga
CME AG
Orr Ridges
NOAA
Dept. of Commerce
Ward's Pastry & Coffee Shop
S. Loudoun St
Winchester
Bankers Monthly Magazine
Albert H. Cox, Jr
Merrill Lynch Economics Inc
Roscoe L. Bruce
Roscoe L
Bruce
Sennie
Wilkinson
St. Petersburg
Winchester Moose Lodge
Call Moose Lodge
Long Green
iSee
Mary Ebert Holler
M. Loudoun St. House
Windsor
Werd
Boyd G. Heedley, Jr
Headleys’ Auctions
Joe L. Heedley
Winchester Evening Star
Darrell Dunn
Sadat
Israel
America
Shenandoah Valley
Baptist Church
Stephens City
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!