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“No lump sum is required at the end of a borrower’s forbearance plan for Enterprise-backed mortgages,” FHFA Director Mark Calabria said.

“No lump sum is required at the end of a borrower’s forbearance plan for Enterprise-backed mortgages,” FHFA Director Mark Calabria said.

Borrowers don’t have to repay in one lump sum

Staff Reports
Tuesday, April 28, 2020
WASHINGTON, D.C. – Borrowers in forbearance with a mortgage backed by Fannie Mae or Freddie Mac (the Enterprises) are not required to repay the missed payments in one lump sum, the Federal Housing Finance Agency (FHFA) announced recently.
A crew from Morgan Well Service, of Prague, repairs a hole in the casing at a 10,000-foot-deep gas well outside Tuttle in 2017. Ledger file photo by Mike W. Ray

A crew from Morgan Well Service, of Prague, repairs a hole in the casing at a 10,000-foot-deep gas well outside Tuttle in 2017. Ledger file photo by Mike W. Ray

Corp Comm lets oil producers shut in some wells

Mike W. Ray Staff Writer
Tuesday, April 28, 2020
OKLAHOMA CITY – The state Corporation Commission has given oil producers permission to temporarily shut in unprofitable wells on the grounds of “economic waste.” The request was filed with the commission on April 10 by Tulsa attorney and oilman Lee Levinson on behalf of LPD Energy Co.
Cache’s Hunter Tate attempts to break a tackle during a football game against Elgin Nov. 1, 2019. Rick Endicott Photography, file Cache’s Hunter Tate attempts to break a tackle during a football game against Elgin Nov. 1, 2019.

Cache’s Hunter Tate attempts to break a tackle during a football game against Elgin Nov. 1, 2019. Rick Endicott Photography, file Cache’s Hunter Tate attempts to break a tackle during a football game against Elgin Nov. 1, 2019.

OSSAA approves price hikes for playoff tickets

Mike W. Ray Staff Writer
Tuesday, April 28, 2020
OKLAHOMA CITY – Ticket prices for high-school sports playoff events will increase the next school year, state school sports officials have announced. The price hikes were approved recently by the OSSAA board of directors, which last approved an increase in ticket prices in the 2015-16 school year.
Tractor Supply Co. (TSCO)

Tractor Supply Co. (TSCO)

Tractor Supply Q1 results beat Street forecasts

News Staff
Tuesday, April 28, 2020
BRENTWOOD, Tenn. (AP) – Tractor Supply Co. (TSCO) on Thursday reported first-quarter profit of $83.8 million. The Brentwood, Tennesee-based company said it had net income of 71 cents per share. The results exceeded Wall Street expectations.
Photo provided A technician inside a vehicle a Audio Tech, 3801 NW Cache Rd. in Lawton.

Photo provided A technician inside a vehicle a Audio Tech, 3801 NW Cache Rd. in Lawton.

Car audit shop able to stay open during shutdown

From The Ledger Staff
Tuesday, April 28, 2020
Back on March 24, Lawton Mayor Stan Booker ordered all non-essential businesses to close. That included hair salons, nail salons, tattoo parlors and all other non-medical establishments.
‘Zoombombers’

‘Zoombombers’

‘Zoombombers’ break in during Board of Ed’s virtual meeting

News Staff
Tuesday, April 28, 2020
TULSA (AP) – An online meeting of the Oklahoma State Board of Education was disrupted by an intruder or intruders posting racist and vulgar language that was visible to every- one watching. The incident Thursday was the first “zoombombing’’ of a public body in Oklahoma, the Tulsa World reported.
Jobless claims fall for second straight week

Jobless claims fall for second straight week

Jobless claims fall for second straight week

Mike W. Ray Staff Writer
Tuesday, April 28, 2020
OKLAHOMA CITY – Almost a quarter of a million claims for unemployment benefits were filed with the Oklahoma Employment Security Commission (OESC) in a recent 35-day period. The agency processed 247,830 initial claims for Unemployment Insurance benefits between March 15 and April 18, records reflect.
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