Housing Act of 1954: Hearing Before ... , 83-2 on H.R. 7839 ... , March 2... 18, 19541954 - 889 pages |
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Page 63
... lending fraternity , but you have given me the same answer they give me . Mr. MCVEY . Mr. Chairman , I should like to second what my col- league from New York has said . I think our aim should be to transfer this situation to the lending ...
... lending fraternity , but you have given me the same answer they give me . Mr. MCVEY . Mr. Chairman , I should like to second what my col- league from New York has said . I think our aim should be to transfer this situation to the lending ...
Page 65
... lending fraternity , but you have given me the same answer they give me . Mr. McVEY . Mr. Chairman , I should like to second what my col- league from New York has said . I think our aim should be to transfer this situation to the lending ...
... lending fraternity , but you have given me the same answer they give me . Mr. McVEY . Mr. Chairman , I should like to second what my col- league from New York has said . I think our aim should be to transfer this situation to the lending ...
Page 70
... lending agencies and their taking over this program themselves . Wouldn't you have to change the evaluation of examination that takes place now ? Many times , the lending agencies can't assume certain risks , or have certain assets in ...
... lending agencies and their taking over this program themselves . Wouldn't you have to change the evaluation of examination that takes place now ? Many times , the lending agencies can't assume certain risks , or have certain assets in ...
Page 79
... lending in- stitution in this organization and that when he pays it off that they get the benefit from the stock and he gets nothing , and they have put nothing in it . Mr. COLE . No , I cannot agree with you , Mr. Rains . The purpose ...
... lending in- stitution in this organization and that when he pays it off that they get the benefit from the stock and he gets nothing , and they have put nothing in it . Mr. COLE . No , I cannot agree with you , Mr. Rains . The purpose ...
Page 80
... lenders and not the purchasers ? Mr. COLE . No , I cannot agree with that . I can agree with you partially . But the lenders will certainly have some advantage , Mr. Rains , and it would be incorrect for me to say that they would not ...
... lenders and not the purchasers ? Mr. COLE . No , I cannot agree with that . I can agree with you partially . But the lenders will certainly have some advantage , Mr. Rains , and it would be incorrect for me to say that they would not ...
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agency amended amount areas Association average banks believe bill BOLLING builders building capital CHAIRMAN charges COLE Commissioner Congress construction cooperative housing Corporation cost DEANE debentures DOLLINGER downpayment dwelling economic estimated existing facility families Federal Housing Administration FHA insurance FNMA funds future advances going guaranteed HIESTAND HOLLYDAY housing cooperatives housing program income increase industry interest rates investment legislation lenders lending lien limit loan to value maximum MCDONOUGH ment MERRILL million mort mortgage insurance mortgage loans mortgage market MULTER MUMMA MURPHY National Housing Act O'HARA OAKMAN operation PATMAN payments percent present President problem projects proposed public housing purchase question recommendation rehabilitation REILLY rent rental Reserve residential savings and loan secondary market section 221 SHANKS SHISHKIN slum clearance SLUSSER statement substandard tion trailer coach Treasury urban renewal VA loans veterans