 | United States, United States. Federal Housing Administration - 1935 - 250 pages
...exceed twenty years. (4) Contain complete amortization provisions satisfactory to the Administrator requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Administrator. (5) Bear interest (exclusive of premium charges for insurance)... | |
 | United States. Federal Housing Administration - 1934 - 802 pages
...economically sound." Closely related to this mandate are the requirements for periodic amortization payments "by the mortgagor not in excess of his reasonable ability to pay as determined by the Administrator," and the provisions in regard to permissible ratios of loan to... | |
 | United States. Federal Housing Administration - 1936 - 222 pages
...National Housing Act requires that the mortgage contain complete amortization provisions contemplating periodic payments by the mortgagor not in excess of his reasonable ability to pay. How would additional advances affect this requirement? The answer is that when an application is received... | |
 | United States. Congress. Senate. Agriculture and Forestry Committee - 1939 - 34 pages
...execution of the mortgage; "(5) contain complete amortization provisions satisfactory to the Secretary requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Secretary, such periodic payments to be made to the Secretary as collection agent... | |
 | United States. Congress. Senate. Committee on Interstate Commerce - 1939 - 148 pages
...that the mortgage shall contain complete amortization provisions satisfactory to the Administrator, requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Administrator. Mr. MACKIE. That feature, of course, I do not know anything about... | |
 | United States. Congress. Senate. Committee on Interstate Commerce - 1939 - 152 pages
...that the mortgage shall contain complete amortization provisions satisfactory to the Administrator, requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Administrator. Mr. MACKIE. That feature, of course, I do not know anything about... | |
 | 1939 - 1554 pages
...mortgage must contain complete amortization provisions satisfactory to the Commissioner, requiring monthly payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Commissioner. The sum of the principal and interest payments in each month shall... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1941 - 56 pages
...execution of the mortgage; "(4) contain complete amortization provisions satisfactory to the Secretary requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Secretary, such periodic payments to be made to the Secretary as collection agent... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1941 - 60 pages
...execution of the mortgage ; "(4) contain complete amortization provisions satisfactory to the Secretary requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay as determined by the Secretary, such periodic payments to be made to the Secretary as collection agent... | |
 | United States. Congress. House. Appropriations - 1941 - 1222 pages
...25 years for the 90 percent mortgages. 4. The mortgage must contain complete amortization provisions requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay. 5. Under the National Housing Act the mortgage must bear interest at not to exceed 5 percent except... | |
| |
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... 
