U.S. Freeing $380-Million To Ease Mortgage Credit; U.S. FREES FUNDS TO AID MORTGAGES
Johnson authorizes FNMA to use $300-million more for purchase of Fed-insured mortgages on new houses costing under $17,500; re leases-funds from 2 other FNMA special aid programs and $30-million for sales of housing for low and moderate income families in renewal areas; discloses assn will pay 1 more pt in buying existing mortgages from lenders
