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 29
... bill provided that it should not be more than 1 or less than one - half percent as provided by you ? Mr. McDONALD . That is true . Mr. SPENCE . You fixed it at one half of 1 percent ? Mr. McDONALD . Yes , sir . Mr. SPENCE . You intend ...
... bill provided that it should not be more than 1 or less than one - half percent as provided by you ? Mr. McDONALD . That is true . Mr. SPENCE . You fixed it at one half of 1 percent ? Mr. McDONALD . Yes , sir . Mr. SPENCE . You intend ...
Page 30
... bill to get money at a lower rate of interest , I hope you will come back . Mr. CRAWFORD . In riding the streetcars and busses I noticed an advertisement speaking about the help you give to the prospective builder or purchaser if he ...
... bill to get money at a lower rate of interest , I hope you will come back . Mr. CRAWFORD . In riding the streetcars and busses I noticed an advertisement speaking about the help you give to the prospective builder or purchaser if he ...
Page 35
... bill . The CHAIRMAN . The committee will come to order . Mr. Jones , come around please . Gentlemen , I have asked Mr. Jones , Chairman of the Reconstruction Finance Corporation , who needs no introduction to this committee , to discuss ...
... bill . The CHAIRMAN . The committee will come to order . Mr. Jones , come around please . Gentlemen , I have asked Mr. Jones , Chairman of the Reconstruction Finance Corporation , who needs no introduction to this committee , to discuss ...
Page 38
... bill before us ? Mr. ABNER H. FERGUSON . I drafted it . The CHAIRMAN . Well , you did see fit to confer specific authority by this bill upon the R. F. C. to supply the stock of these corporations in full ? Mr. ABNER H. FERGUSON . Oh ...
... bill before us ? Mr. ABNER H. FERGUSON . I drafted it . The CHAIRMAN . Well , you did see fit to confer specific authority by this bill upon the R. F. C. to supply the stock of these corporations in full ? Mr. ABNER H. FERGUSON . Oh ...
Page 41
... bill should have a specific provision authorizing the R. F. C. to organize these associa- tions and subscribe to the stock and purchase debentures . Mr. ABNER H. FERGUSON . I quite agree with you ; and may I make this further ...
... bill should have a specific provision authorizing the R. F. C. to organize these associa- tions and subscribe to the stock and purchase debentures . Mr. ABNER H. FERGUSON . I quite agree with you ; and may I make this further ...
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.