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 |
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Page 31
... percentage loan to be 95 percent of the first $ 7,000 of appraised value and 70 percent of the balance , and the mortgage could have a 25 - year term . This con- trasts with the present provisions of section 203 ( b ) ( 2 ) ( D ) of the ...
... percentage loan to be 95 percent of the first $ 7,000 of appraised value and 70 percent of the balance , and the mortgage could have a 25 - year term . This con- trasts with the present provisions of section 203 ( b ) ( 2 ) ( D ) of the ...
Page 42
... percent operative builder loan up to a maximum of $ 7,650 . This section also provides for the repeal of provisions for insurance of 90 - percent loans under section 203 ( b ) ( 2 ) ( B ) , except for the insurance of mortgages covered ...
... percent operative builder loan up to a maximum of $ 7,650 . This section also provides for the repeal of provisions for insurance of 90 - percent loans under section 203 ( b ) ( 2 ) ( B ) , except for the insurance of mortgages covered ...
Page 57
... percent . Would you say that was substantially correct for the period up to about 6 months ago ? Mr. RICHARDS . Let ... percent to 1 % 1⁄2 per- cent . You have always made it the minimum , have you not ? Mr. RICHARDS . The maximum ...
... percent . Would you say that was substantially correct for the period up to about 6 months ago ? Mr. RICHARDS . Let ... percent to 1 % 1⁄2 per- cent . You have always made it the minimum , have you not ? Mr. RICHARDS . The maximum ...
Page 70
... percent support to the GI loan is centered in the desire to preserve the 4 - percent maximum interest rate , which is a governing factor in making these loans attrac- tive to veterans . This loan at the 4 - percent rate , Mr. Chairman ...
... percent support to the GI loan is centered in the desire to preserve the 4 - percent maximum interest rate , which is a governing factor in making these loans attrac- tive to veterans . This loan at the 4 - percent rate , Mr. Chairman ...
Page 92
... percent loans available to veterans . One obstacle posed by the market is the fact that lenders may sell only a specified percentage of their GI loan originations . The inadequacy of the present FNMA market is evident in its pur- chase ...
... percent loans available to veterans . One obstacle posed by the market is the fact that lenders may sell only a specified percentage of their GI loan originations . The inadequacy of the present FNMA market is evident in its pur- chase ...
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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...