Housing Act of 1954: Hearings Before the Committee on Banking and Currency, Part 1U.S. Government Printing Office, 1954 - 2043 pages |
From inside the book
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Page 15
... financing ; " ( b ) provide special assistance ( when , and to the extent that , the Presi- dent has determined that it is in the public interest ) for the financing of ( 1 ) selected types of home mortgages ( pending the establishment ...
... financing ; " ( b ) provide special assistance ( when , and to the extent that , the Presi- dent has determined that it is in the public interest ) for the financing of ( 1 ) selected types of home mortgages ( pending the establishment ...
Page 19
... financing will be substituted for Treas- ury borrowings otherwise required to carry mortgages held under the aforesaid separate accountability , the Association is authorized to issue , upon the approval of the Secretary of the Treasury ...
... financing will be substituted for Treas- ury borrowings otherwise required to carry mortgages held under the aforesaid separate accountability , the Association is authorized to issue , upon the approval of the Secretary of the Treasury ...
Page 66
... financing , the FHA requires a considerable degree of flexibility in its operations . It should not be in the position of having to close down insurance operations because of the exhaustion of its insurance authorization . There is ...
... financing , the FHA requires a considerable degree of flexibility in its operations . It should not be in the position of having to close down insurance operations because of the exhaustion of its insurance authorization . There is ...
Page 78
... financing is also available for single - family homes built for sale in amounts not to exceed 85 percent of value , to assist in the construction and provide financing pending subsequent sale to a qualified - owner occupant . The ...
... financing is also available for single - family homes built for sale in amounts not to exceed 85 percent of value , to assist in the construction and provide financing pending subsequent sale to a qualified - owner occupant . The ...
Page 79
... financing is also available for single - family homes built for sale in amounts not to exceed 85 percent of value , to assist in the construction and pro- vide financing pending subsequent sale to a qualified owner - occupant . Does ...
... financing is also available for single - family homes built for sale in amounts not to exceed 85 percent of value , to assist in the construction and pro- vide financing pending subsequent sale to a qualified owner - occupant . Does ...
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Common terms and phrases
agency amended amount areas assistance authority banks believe bill blight builders building capital CHAIRMAN charges COLE Commissioner committee Congress construction cost debentures downpayment dwelling units eligible exceed existing facility families Federal Housing Federal Housing Administration Federal Savings FNMA funds going Government groups guaranteed HOLLYDAY Home Finance Home Loan housing program improvements income increase industry institutions interest rates legislation lenders limited loan to value low-rent maximum ment million mobile home Mortgage Bankers Association mortgage insurance mortgage loans mortgagor National Housing Act obligations operations payment percent President problem proposed public housing purchase recommend rehabilitation rental savings and loan section 221 Senator BENNETT Senator BUSH Senator DOUGLAS Senator IVES Senator MAYBANK Senator ROBERTSON Senator SPARKMAN slum clearance statement subsection substandard tion trailer coach Treasury urban redevelopment urban renewal VA loans veterans
Popular passages
Page 21 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 578 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 23 - ... income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 574 - mortgage" means a first mortgage on real estate, in fee simple, or on a leasehold (1) under a lease for not less than ninetynine years which is renewable; or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was •executed; and the term "first mortgage...
Page 20 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 574 - USC 5), shall not be construed to apply to any contract of hazard insurance or to any purchase or contract for services or supplies on account of property obtained by the Administrator as a result of loans made under this Act if the premium therefor or the amount thereof does not exceed $1,000.
Page 136 - ... of such quality, type, and class as to meet, generally, the purchase standards imposed by private institutional mortgage investors.
Page 788 - Every conveyance of real property acknowledged or proved and certified and recorded as prescribed by law from the time it is filed with the recorder for record is constructive notice of the contents thereof to subsequent purchasers and mortgagees...
Page 19 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding...
Page 34 - An act to expedite the provision of housing in connection with national defense, and for other purposes," approved October 14, 1940, as amended, is amended by striking out "$1,200,000,000" and inserting in lieu thereof "$1,600,000,000.