Housing Amendments of 1955: Hearings Before the Committee on Banking and Currency, House of RepresentativesU.S. Government Printing Office, 1955 - 627 pages |
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Page 3
... institution eligible to become a member under section 4 shall be an amount equal to 1 per centum of the aggre- gate of the unpaid principal of the subscriber's home mortgage loans , or such higher per centum not exceeding 2 per centum ...
... institution eligible to become a member under section 4 shall be an amount equal to 1 per centum of the aggre- gate of the unpaid principal of the subscriber's home mortgage loans , or such higher per centum not exceeding 2 per centum ...
Page 4
... institution which applies after the effective date of the Housing Amendments of 1955 for insurance under this title shall pay , in the event its ap- plication is approved , an admission fee in such amount as the Corporation shall ...
... institution which applies after the effective date of the Housing Amendments of 1955 for insurance under this title shall pay , in the event its ap- plication is approved , an admission fee in such amount as the Corporation shall ...
Page 9
... institutions against 90 percent of loss on small loans made to finance the alteration , repair , and improvement of existing structures , was last extended in 1950 for a similar 5 - year period . Title I property improvement loans are ...
... institutions against 90 percent of loss on small loans made to finance the alteration , repair , and improvement of existing structures , was last extended in 1950 for a similar 5 - year period . Title I property improvement loans are ...
Page 14
... institutions find that their charges for the use of the money are comparably higher than on a long - term large mortgage . Mr. PATMAN . I realize that . Have you seen my bill on cooperative housing ? Mr. COLE . Yes . Mr. PATMAN . How do ...
... institutions find that their charges for the use of the money are comparably higher than on a long - term large mortgage . Mr. PATMAN . I realize that . Have you seen my bill on cooperative housing ? Mr. COLE . Yes . Mr. PATMAN . How do ...
Page 37
... institution has a latitude in this . The lending institution can make its credit restric- tions differently than - I mean one than the other - but the law itself does not provide this . Mr. O'HARA . Thank you . That is the area that I ...
... institution has a latitude in this . The lending institution can make its credit restric- tions differently than - I mean one than the other - but the law itself does not provide this . Mr. O'HARA . Thank you . That is the area that I ...
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Common terms and phrases
amendment amortization amount areas assistance believe bill Brent Spence BROWN BUBB builders building capital Chairman CLARK COLE committee Congress construction Corporation cost DAVIDSON dwelling facilities families Federal Government Federal Home Loan Federal Housing Administration Federal Savings FHA title FNMA funds going GRIFFITHS HEITMANN HIESTAND Home Loan Bank homeowner hous Housing Administration Housing and Home housing authorities housing program housing projects housing units improvements income increase industry interest rate investment legislation lenders limitation loan associations Loan Bank Board low-rent MCDONOUGH ment million mobile home months mortgage insurance MULTER National Housing Act O'HARA operation PATMAN percent present President problem proposed public housing question recommended redevelopment rehabilitation rental savings and loan section 220 slum clearance SLUSSER SPICZAK statement subsidy tion trailer coach trailer parks urban renewal VANIK Wherry WILLIAMSON
Popular passages
Page 373 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligations.
Page 281 - ... to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 4 - President, pursuant to section 101 of the Defense Housing and Community Facilities and Services Act of 1951, shall have determined to be a critical defense housing area...
Page 281 - Commissioner with the approval of the Secretary of the Treasury. Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury...
Page 242 - rental housing" means housing, the occupancy of which is permitted by the owner thereof in consideration of the payment of agreed charges, whether or not, by the terms of the agreement, such payment over a period of time will entitle the occupant to the ownership of the premises or space in a trailer court or park properly arranged and equipped to accommodate trailer coach mobile dwellings. (7) The term "State" includes the several States, and Puerto Rico, the District of Columbia, Guam, and the...
Page 7 - States in actions instituted under section 1346 of this title, interest shall be computed at the rate of 4 per centum per annum from the date of the judgment up to, but not exceeding, thirty days after the date of approval of any appropriation Act providing for payment of the judgment.
Page 617 - Chair at this time, the committee will stand adjourned until the call of the Chair. (Whereupon, at...
Page 176 - I would be less than frank if I did not tell you that we still have important deficiencies in our defense program.
Page 242 - ... means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby. (b) The term "mortgagee...
Page 32 - Consumer Survey Statistics, Report of Consultant Committee on Consumer Survey Statistics, organized by the Board of Governors of the Federal Reserve System at the request of the Subcommittee on Economic Statistics of the Joint Committee on the Economic Report, July 1955," Hearings Before the Subcommittee on Economic Statistics, 84th Congress, July 19 and 26, October 4 and 5, 1955, pp.