Miscellaneous Hearings: Hearings Before ..., 83-2 on H.R. 8656-- S. 1276 ... H.R. 9207-- S. 3487 ....1954 - 111 pages |
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Page 31
... that loan ? Mr. SMITH . If it is an irirgation type loan , they are secured by a mortgage on the farm . Now , if there is a first mortgage already on the farin , we appraise the farm from the MISCELLANEOUS HEARINGS 31.
... that loan ? Mr. SMITH . If it is an irirgation type loan , they are secured by a mortgage on the farm . Now , if there is a first mortgage already on the farin , we appraise the farm from the MISCELLANEOUS HEARINGS 31.
Page 32
... appraise the farm from the standpoint of agricul- tural value and determine before we make the loan whether there is reasonable equity in the farm over and above the first mortgage that would reasonably secure our loan . In connection ...
... appraise the farm from the standpoint of agricul- tural value and determine before we make the loan whether there is reasonable equity in the farm over and above the first mortgage that would reasonably secure our loan . In connection ...
Page 44
... appraised value of the farm as improved may be insured by the Farmers ' Home Administration . Present authorizations under the Bankhead - Jones Farm Tenant Act as amended provide that farm ownership loans must be secured by first liens ...
... appraised value of the farm as improved may be insured by the Farmers ' Home Administration . Present authorizations under the Bankhead - Jones Farm Tenant Act as amended provide that farm ownership loans must be secured by first liens ...
Page 46
... appraise at enough to pay off the first plus the second , we are in just as good a shape as we would be in if we paid off the first mortgage with part of the loan funds . We would actually be using 46 MISCELLANEOUS HEARINGS.
... appraise at enough to pay off the first plus the second , we are in just as good a shape as we would be in if we paid off the first mortgage with part of the loan funds . We would actually be using 46 MISCELLANEOUS HEARINGS.
Page 86
... appraised agricultural value of a farm was $ 10,000 , possibly a small farm in your State―― Mr. FERNANDEZ . Those are the ones that are in distress , if I may suggest . Mr. McINTIRE . The land bank loan can be made on the basis of 50 ...
... appraised agricultural value of a farm was $ 10,000 , possibly a small farm in your State―― Mr. FERNANDEZ . Those are the ones that are in distress , if I may suggest . Mr. McINTIRE . The land bank loan can be made on the basis of 50 ...
Common terms and phrases
65 percent ABERNETHY amended amount ANDRESEN appraised authority bank commissioner loans bankers banks for cooperatives bill borrower broiler cattle Central Bank CHAIRMAN chattel COLVIN committee Congress consolidated debentures COOLEY Department of Agriculture disaster loan distress district bank drought enacted Farm Credit Administration Farm Loan Farm Mortgage Corporation Farmers Home Administration Federal Farm Mortgage Federal land banks FERNANDEZ financing funds GATHINGS gentleman yield Government HILL indebtedness interest irrigation land bank commissioner land-bank loan LAWRENCE legislation limitation linseed oil LOVRE McINTIRE McLEAISH Mexico million mortgage loans National Youth Administration normal value operating loans outstanding POAGE present production disaster purpose refinancing regional banks Schoeppel second mortgage Secretary Senator ANDERSON sentence thereof 12 situation SMITH statement thereof 12 U. S. C. thing tion TOOTELL type of loan Water Facilities Act water facilities loans words
Popular passages
Page 44 - Corporation under this Act; to accept title to any property so purchased or acquired; to operate or lease such property for such period as may be deemed necessary to protect the investment therein; and to sell or otherwise dispose of such property in a manner consistent with the provisions of section 43 of this Act, but subject to the reservation of the rights provided for in section 44.
Page 54 - The consolidated bonds issued under this provision shall be made payable at any Federal land bank, and may be made payable at any Federal reserve bank or banks designated in the face of the bond.
Page 95 - ... (d) Such section 32, as amended, is further amended by striking out the eighth and ninth sentences and inserting in lieu thereof the following: "Until February 1, 1940, the Land Bank Commissioner shall, in his name, make loans under this section on behalf of the Federal Farm Mortgage Corporation...
Page 3 - I represent the Department of the Army for that purpose. I have a brief prepared statement which I would like to present to the committee. The purpose of this...
Page 49 - The CHAIRMAN. Are there any further questions? (No response.) The CHAIRMAN. If not, we thank you very much, Mr.
Page 44 - The Secretary is authorized and empowered to make advances, without regard to any loan or total indebtedness limitation, to preserve and protect the security for or the lien or priority of the lien securing any loan or other indebtedness owing to, insured by, or acquired by the Secretary under this title or under any other programs administered by the Farmers...
Page 18 - An Act to promote conservation in the arid and semiarid areas of the United States by aiding in the development of facilities for water storage and utilization, and for other purposes...
Page 16 - Interior (hereinafter referred to as "the Secretary") is hereby authorized to investigate and, upon compliance with the provisions of this Act, to construct water conservation and utilization projects in the Great Plains and arid and semiarid areas of the United States...
Page 55 - Stat. 1059, custodians of such collateral who shall have power subject to1058* such rules and regulations as the Administration may prescribe to approve and accept substitutions of collateral. The total amount of such consolidated debentures plus any outstanding individual debentures of the Central Bank which may be issued and outstanding at any time shall not exceed eight times the capital and surplus of the Central and regional banks for cooperatives. The provisions of law made applicable by the...
Page 58 - It is declared to be the policy of the Congress to encourage and facilitate increased borrower participation in the management, control, and ultimate ownership of the permanent system of agricultural credit made available through institutions operating under the supervision of the Farm Credit Administration, and the provisions of this Act shall be construed in keeping with this policy.