Housing Amendments of 1949: Hearings, 81st Congress, 1st Session, on H.R. 5631, July 25-Aug. 9, 1949U.S. Government Printing Office, 1949 - 535 pages |
From inside the book
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Page 1
... INSURANCE OF MORTGAGES " SEC . 8. ( a ) To assist in providing adequate housing for families of low and moderate income , particularly in suburban and outlying areas , this section is designed to supplement systems of mortgage insurance ...
... INSURANCE OF MORTGAGES " SEC . 8. ( a ) To assist in providing adequate housing for families of low and moderate income , particularly in suburban and outlying areas , this section is designed to supplement systems of mortgage insurance ...
Page 2
... insurance under this section , a mortgage shall- " ( 1 ) have been made to , and be held by , a mortgagee approved by the Commissioner as responsible and able to service the mortgage properly ; " ( 2 ) involve a principal obligation ...
... insurance under this section , a mortgage shall- " ( 1 ) have been made to , and be held by , a mortgagee approved by the Commissioner as responsible and able to service the mortgage properly ; " ( 2 ) involve a principal obligation ...
Page 3
... mortgage or the credit instrument secured thereby , or consent to the release of parts of the mortgaged property from the lien of the mortgage . “ ( e ) Any contract of insurance heretofore or hereafter executed by the Commis- sioner ...
... mortgage or the credit instrument secured thereby , or consent to the release of parts of the mortgaged property from the lien of the mortgage . “ ( e ) Any contract of insurance heretofore or hereafter executed by the Commis- sioner ...
Page 4
... mortgage insurance prior to the begin- ning of construction : Provided , That with respect to mortgages insured under this paragraph the mortgagor shall be the owner and occupant of the property and shall have paid on account of the ...
... mortgage insurance prior to the begin- ning of construction : Provided , That with respect to mortgages insured under this paragraph the mortgagor shall be the owner and occupant of the property and shall have paid on account of the ...
Page 5
... insurance " and substituting in lieu thereof the words " beginning of amortization " . SEC . 107. Section 207 ( f ) ... mortgage is insured under this title or title VI or section 8 of title I and covers a dwelling or dwellings ...
... insurance " and substituting in lieu thereof the words " beginning of amortization " . SEC . 107. Section 207 ( f ) ... mortgage is insured under this title or title VI or section 8 of title I and covers a dwelling or dwellings ...
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Common terms and phrases
ALESSANDRONI amended American Legion amortization amount appraisal areas Authority of City believe bill builders building CHAIRMAN COLE Commissioner committee Congress Congressman construction cooperative housing corporation cost direct loans dwelling DYAS exceed families Federal Government Federal Housing Administration Federal National Mortgage FERGUSON FOLEY funds going guaranteed Home Finance Agency home loans home owners Housing and Home Housing Authority housing cooperatives housing project income increased interest rate KAZAN KROOTH KUNKEL Lanham Act legislation lenders maximum MCKINNON ment MONRONEY month monthly mortgage insurance MULTER mutual home ownership National Housing Act nonprofit obligations operation organization PATMAN payment Pennypack percent present problem proposed public housing purchase purpose pursuant question Reconstruction Finance Corporation rent requirements RICHARDS secondary market section 203 Servicemen's Readjustment Act statement STRANDLUND subsection TALLE taxes tenants tion transfer units veterans WESTBROOK
Popular passages
Page 17 - Treasury is authorized and directed to purchase any notes and other obligations 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, as amended, and the purposes for which securities may be issued...
Page 12 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 13 - In the performance of, and with respect to, the functions, powers, and duties...
Page 121 - ... the production of housing of sound standards of design, construction, livability, and size for adequate family life...
Page 13 - There are hereby authorized to be appropriated, out of any moneys in the Treasury not otherwise appropriated, such sums as may be necessary to carry out the provisions of this Act.
Page 12 - ... (b) A loan pursuant to this title shall be secured in such manner, and shall be repaid within such period not exceeding fifty...
Page 19 - A loan secured by real estate within the meaning of this section shall be in the form of an obligation or obligations secured by...
Page 297 - I am appearing as a member and representative of the committee on relationships of higher education to the Federal Government of the American Council on Education.
Page 19 - Congress that if any provisions of this Act, or the application thereof to any persons or circumstances, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act or its applications to other persons and circumstances...
Page 3 - Insurance Fund. The principal of, and interest paid and to be paid on, debentures...