Federal Relief for Home OwnersU.S. Government Printing Office, 1933 - 8 pages |
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Page 3
... entire cost to the nation of the World War . Manifestly , even if the government de- sired to do so , it would be impossible to refinance or to take over all home mort- gages . The capital of the Corporation and the extent of its ...
... entire cost to the nation of the World War . Manifestly , even if the government de- sired to do so , it would be impossible to refinance or to take over all home mort- gages . The capital of the Corporation and the extent of its ...
Page 7
... entire indebtedness both principal and interest , in a period of not exceeding fifteen years . It is estimated that these monthly pay- ments will average approximately $ 8.00 per thousand , per month . For example , a home owner whose ...
... entire indebtedness both principal and interest , in a period of not exceeding fifteen years . It is estimated that these monthly pay- ments will average approximately $ 8.00 per thousand , per month . For example , a home owner whose ...
Page 8
... entire debt , both prin- cipal and interest , would be cancelled . Payments may be made quarterly , semi - annually , or annually , instead of monthly , wherever the Corporation finds that the situation of the home owner re- quires it ...
... entire debt , both prin- cipal and interest , would be cancelled . Payments may be made quarterly , semi - annually , or annually , instead of monthly , wherever the Corporation finds that the situation of the home owner re- quires it ...
Expressions et termes fréquents
80 percent aggre aggregate Alexandria American homes amortized APPRAISERS AND TITLE authorizes the Corpo bond interest bonds issued Building and Loan Carolina_ _ cash advanced City Hall co-operation Commerce Building Corporation finds Corporation is author Counties debt distress DISTRICT OFFICE Cities eral exceeding fair worth Federal Building financing foreclose foreclosure former home owner four families Furthermore gift taxes Harrisonburg HOME LOAN BANKS HOMES The Corporation June 13 law provides lenders lien holder Loan Associations Loan Cor Loan Corporation Loan Corporation—Continued LOANS TO TAKE Lynchburg ment mort mortgage notes mortgages in cash National Bank Building necessary repairs Norfolk North Offices of Home ordinary lending agencies pay taxes percent of value poration Post Office Building present holder present market value present mortgage holders present-day appraised value rate of interest refinancing relief legislation Richmond Roanoke substation take up mortgages TAKE UP TAXES technical market value tion Title Insurance Trust Building Washington
Fréquemment cités
Page 1 - To provide emergency relief with respect to home mortgage indebtedness, to refinance home mortgages, to extend relief to the owners of homes occupied by them and who are unable to amortize their debt elsewhere, to amend the Federal Home Loan Bank Act, to increase the market for obligations of the United States and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That this Act may be cited as the " Home Owners
Page 8 - Appraisers are instructed to give equal weight to (1) the market value at the time of appraisal; (2) the cost of a similar lot at the time of the appraisal, plus the .reproduction cost of the building, less depreciation; and (3) the value of the premises...
Page 4 - ... them as their homesteads, although temporarily not occupied by the owner, of a value not exceeding $20,000. No clear line is drawn between farm homes and city homes, but typical farm loans should be handled by the Federal Land Banks. Homes will be eligible, although incidentally the premises may be employed for some other use, such as gardening or a small business, but no home built for more than four families is eligible. The bill is primarily for the refunding of mortgages and uot for the liquidation...
Page 11 - The counties of Amelia, Appomattox, Brunswick, Buckingham, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Elizabeth City, Essex, Fluvanna, Gloucester, Goochland, Greensville, Hanover, Henrico, Isle of Wight, James City, King and Queen, King George, King William, Lancaster, Louisa, Lunenburg, Mathews, Middlesex, Nansemond, New Kent, Norfolk, Northumberland, Nottoway, Powhatan, Prince Edward, Prince, George, Princess Anne, Richmond, Stafford, Southampton, Spotsylvania...
Page 7 - Now, I do not think that I need comment upon every paragraph of this bill, because the administrative parts of it I think have been carefully examined, and I do not believe there can be any objection to that. That is the process that this bill provides for during the first three years after the passage of the act; that is, voluntary applications from two or more railways that desire to merge their properties, or unify, consolidate in any form their properties, and with...