Amendments to National Housing Act: Hearings Before ... , 75-2 on H.R. 8520 ... , November 30 ... December 10, 19371937 - 272 pages |
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Page 14
... Congressman , but they are based on F. H. A. mortgages which are guaranteed . Mr. GIFFORD . It would be possible to exchange those debentures , if there was a slow sale for them . Mr. McDONALD . I beg your pardon , I did not understand ...
... Congressman , but they are based on F. H. A. mortgages which are guaranteed . Mr. GIFFORD . It would be possible to exchange those debentures , if there was a slow sale for them . Mr. McDONALD . I beg your pardon , I did not understand ...
Page 15
... Congressman , the National Mortgage Association is not a Government agency and therefore it would be in no position to exchange its debentures for anything else . If they could not sell them , they just could not sell them . Mr. GIFFORD ...
... Congressman , the National Mortgage Association is not a Government agency and therefore it would be in no position to exchange its debentures for anything else . If they could not sell them , they just could not sell them . Mr. GIFFORD ...
Page 16
... Congressman stated they are guaranteed by the insurance which in turn is the Government guaranty . Mr. CRAWFORD . That can work back into the National Mortgage Association ? Mr. McDONALD . Yes ; as I pointed out , if we should have a ...
... Congressman stated they are guaranteed by the insurance which in turn is the Government guaranty . Mr. CRAWFORD . That can work back into the National Mortgage Association ? Mr. McDONALD . Yes ; as I pointed out , if we should have a ...
Page 17
... Congressman referred to , but with a maximum $ 10,000 loan and only for the purposes of modernization , alteration , or repair and not to include in any way , shape , or form removable fixtures . It is felt by a great many that this ...
... Congressman referred to , but with a maximum $ 10,000 loan and only for the purposes of modernization , alteration , or repair and not to include in any way , shape , or form removable fixtures . It is felt by a great many that this ...
Page 19
... Congressman , even with our 80 - percent loans , we find a great many building and loan associa- tions do not care to exceed a figure which their directors prohibit . What percentage comes from the building and loan ? Mr. FISHER ...
... Congressman , even with our 80 - percent loans , we find a great many building and loan associa- tions do not care to exceed a figure which their directors prohibit . What percentage comes from the building and loan ? Mr. FISHER ...
Common terms and phrases
90 percent 90-percent loan ABNER H amended amortization amount authority average bill BODFISH bonds borrower builders building and loan CHAIRMAN cities COLEAN committee Congressman construction Corporation cost course CRAWFORD debentures default DEMUTH dwellings ECCLES Federal Housing Administration Federal Reserve FERGUSON financing FISH FLEMING FORD foreclosure FRANK funds gage GIFFORD going GOLDSBOROUGH Government Government bonds guaranteed HANCOCK Home Loan Bank home owner income industry insurance companies insured mortgages interest rates investment JONES labor legislation lender lending institutions loan associations LUCE McDONALD MCGRANERY MCKEOUGH ment mort mortgage insurance mortgage loans mortgagor National Housing Act national mortgage associations operation paid PATMAN payment premium present private capital proposed purchase question rates charged real estate real-estate Reconstruction Finance Corporation rent savings and loan section 207 securities sell SPENCE subsection thing thrift tion TRANSUE WILLIAMS WOLCOTT
Popular passages
Page 120 - Administrator as to rents or sales, charges, capital structure, rate of return, and methods of operation to such extent and in such manner as to provide reasonable rentals to tenants and a reasonable return on the investment.