Local Leads: 3/4/11

News you need to know

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    NEWSLETTERS

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    The following stories have been hand-selected by the Assignment Desk at News4:

    MARYLAND SAYS NO TEXTING AT STOPLIGHTS
    Washington Examiner: "The Maryland House of Delegates passed legislation Thursday that would prohibit drivers from texting while stopped at a traffic light. The Senate gave preliminary approval to a similar measure. State law bans drivers from texting while their vehicle is in motion, but the law does not address drivers stopped at a traffic signal. The legislation would prohibit drivers from reading texts while behind the wheel, and the state would charge violators with a misdemeanor and fine them $500."

    HELP POLICE CATCH THIS CROOK
    Fredericksburg.com: "Fredericksburg police hope the public can help them identify a man who swindled a local jeweler out of more than $10,000 in cash this week. The flimflam took place Monday afternoon at DND Jewelers at 1988 Plank Road, city police spokeswoman Natatia Bledsoe said. The suspect entered the store with five gold coins and several heavy gold chains, and negotiated a deal with the jeweler. All of the pieces were at least 20-karat gold, and there were 21 ounces of gold in total."

    END OF THE 30-YEAR MORTGAGE?
    Washington Business Journal/NYT: "If the federal government shuts down the housing finance giants Fannie Mae and Freddie Mac, it could mean big changes for home buyers, The New York Times reported. The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product."