National Housing Act, Hearings Before ..., 73-2 on S. 3603 ..., May 16-24, 19341934 - 447 pages |
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Page 13
... months , even though secured by a mortgage or similar lien on the real estate upon which the resi- dential or farm building is being constructed , shall not be considered as loans secured by real estate within the meaning of this ...
... months , even though secured by a mortgage or similar lien on the real estate upon which the resi- dential or farm building is being constructed , shall not be considered as loans secured by real estate within the meaning of this ...
Page 14
... unem- ployment situation can be accomplished over the summer months by a Nation- wide program of home modernization and repair . Such a program also leaves us with a lasting real benefit in the form of 14 NATIONAL HOUSING ACT.
... unem- ployment situation can be accomplished over the summer months by a Nation- wide program of home modernization and repair . Such a program also leaves us with a lasting real benefit in the form of 14 NATIONAL HOUSING ACT.
Page 31
... month as well as to the man receiving more than that . Of course , if you get up to the highest incomes that might ... month and the man getting $ 300 a month , for each on the average will spend from 75 to 80 percent of his income for ...
... month as well as to the man receiving more than that . Of course , if you get up to the highest incomes that might ... month and the man getting $ 300 a month , for each on the average will spend from 75 to 80 percent of his income for ...
Page 32
... months , which I under- stand is the limit of that type of credit , the ratio would be different from that of a loan for repairs to his home , that might run for 4 or 5 years . In other words , he would not need to pay so much per month ...
... months , which I under- stand is the limit of that type of credit , the ratio would be different from that of a loan for repairs to his home , that might run for 4 or 5 years . In other words , he would not need to pay so much per month ...
Page 33
... months before he could use it otherwise . Senator COUZENS . Are you a strong advocate of consumers ' credit ? Mr. DEANE . Very . Senator BULKLEY . Have you a form that you submit to customers to be filled out to establish their credit ...
... months before he could use it otherwise . Senator COUZENS . Are you a strong advocate of consumers ' credit ? Mr. DEANE . Very . Senator BULKLEY . Have you a form that you submit to customers to be filled out to establish their credit ...
Expressions et termes fréquents
80 percent amendment amortized amount appraisal asso bill billion dollars Board BODFISH bonds borrower building and loan building trades BULKLEY capital CHAIRMAN committee construction cost DEANE debentures debt ECCLES employment FAHEY Federal Home Loan Federal home-loan bank financing foreclosed foreclosure FRIEDLANDER funds gage going Government guaranteed HARRIMAN Home Credit Insurance home mortgages Home Owners houses income increase industry institutions Insurance Corporation interest investment Johns-Manville lending loan associations Loan Bank Loan Corporation losses McAvoy ment million months mort mortgage insurance mortgage loans Motors Acceptance Corporation mutual savings banks national mortgage associations obligation payment premium president proposed question real estate real-estate repairs RIEFLER RUSSELL savings banks Secretary PERKINS Senator ADAMS Senator BARKLEY Senator COUZENS Senator GOLDSBOROUGH Senator GORE Senator KEAN Senator TOWNSEND Senator WAGNER statement STEFFAN thing tion United
Fréquemment cités
Page 11 - ... shall not be considered as loans secured by real estate within the meaning of this section but shall be classed as ordinary commercial loans...
Page 1 - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury 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...
Page 119 - Upon any such payment a receipt therefor shall be issued by the corporation to the United States and delivered to the Secretary of the Treasury, and shall be evidence of the stock ownership of the United States. There is hereby authorized to be appropriated the sum of $10,000,000, in addition to the $5,000,000 heretofore authorized, for the purpose of paying such subscription.
Page 4 - Nothing herein shall be construed to exempt the real property of associations from either state, county or municipal taxes, to the same extent, according to its value, as other real property is taxed.
Page 123 - Whoever makes any statement knowing it to be false or whoever willfully overvalues any security for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release or substitution of security therefor, or for the purpose of influencing in any way the action...
Page 4 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 9 - Corporation, including its franchise, its capital, reserves, and surplus, and .its income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 5 - Reserve bank or of any board, commission, independent establishment, or executive department of the Government, including any field service thereof, may avail itself of the use of information, services, and facilities thereof in carrying out the provisions of this section.
Page 119 - Commissioner but not to exceed thirty years from the date of insurance of the mortgage; "(4) contain complete amortization provisions satisfactory to the Commissioner requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Commissioner...