Federal Relief for Home OwnersU.S. Government Printing Office, 1933 - 8 pages |
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Page 1
... interest in the government and welfare of their com- munities because they own their homes . Confronted with the loss of their homes , especially when the loss is occasioned by circumstances beyond their control , the home owners suffer ...
... interest in the government and welfare of their com- munities because they own their homes . Confronted with the loss of their homes , especially when the loss is occasioned by circumstances beyond their control , the home owners suffer ...
Page 3
... ginia will be fully protected as to title by title insurance policies issued by Lawyers Title Insurance Corporation of Rich- mond , Va . The bonds will carry an interest rate of 4 % , which interest is unconditionally guaranteed by ( 3 )
... ginia will be fully protected as to title by title insurance policies issued by Lawyers Title Insurance Corporation of Rich- mond , Va . The bonds will carry an interest rate of 4 % , which interest is unconditionally guaranteed by ( 3 )
Page 4
... interest is fully guaranteed by the United States itself . Taking into account the tax exemption features of the bonds , they may be re- garded as practically 5 % guaranteed interest bonds . Furthermore , the law provides that these ...
... interest is fully guaranteed by the United States itself . Taking into account the tax exemption features of the bonds , they may be re- garded as practically 5 % guaranteed interest bonds . Furthermore , the law provides that these ...
Page 5
... interest to the home owner in this type of case will be 5 % . Of course , it is necessary for the hold- ers of the liens to be willing to exchange their liens for Home Owners ' Loan Cor- poration bonds in order to effect this re ...
... interest to the home owner in this type of case will be 5 % . Of course , it is necessary for the hold- ers of the liens to be willing to exchange their liens for Home Owners ' Loan Cor- poration bonds in order to effect this re ...
Page 6
... interest to the home owner in this type of case will be 6 % . Third - redemption of homes . In the third class of cases , where the property has been foreclosed within two years prior to the refinancing by the Cor- poration , the law ...
... interest to the home owner in this type of case will be 6 % . Third - redemption of homes . In the third class of cases , where the property has been foreclosed within two years prior to the refinancing by the Cor- poration , the law ...
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...