Home Owners' Loan Na Tional Housing Act, Hearing Before a Subcommitte of ..., 74-1 on S. 1771 and H.R. 6021 ..., March 20 to 29, 19351935 - 254 pages |
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Page 9
... reduction of interest rate , and we think that would widen the influence of the bank through the institutions and members . Senator TOWNSEND . How much do you feel you could HOME OWNERS ' LOAN AND NATIONAL HOUSING ACT 9.
... reduction of interest rate , and we think that would widen the influence of the bank through the institutions and members . Senator TOWNSEND . How much do you feel you could HOME OWNERS ' LOAN AND NATIONAL HOUSING ACT 9.
Page 10
... feel you could reduce the interest rate ? Mr. FRIEDLANDER . Our present rate now to member institutions is 4 percent . The board has , by resolution , authorized banks to make a rate of 32 percent . We do not feel justified in taking a ...
... feel you could reduce the interest rate ? Mr. FRIEDLANDER . Our present rate now to member institutions is 4 percent . The board has , by resolution , authorized banks to make a rate of 32 percent . We do not feel justified in taking a ...
Page 11
... feel that perhaps that might be one argument given for it . If the banks are not being properly run , and the Board needs that additional power to control and regulate the banks , and were achieving it in the suggestion , and were ...
... feel that perhaps that might be one argument given for it . If the banks are not being properly run , and the Board needs that additional power to control and regulate the banks , and were achieving it in the suggestion , and were ...
Page 14
... feel that the facilities of the home - loan bank system can be safely increased and a considerable volume of nonmember institu- tions safely developed where the collateral offered is a mortgage insured under the National Housing Act ...
... feel that the facilities of the home - loan bank system can be safely increased and a considerable volume of nonmember institu- tions safely developed where the collateral offered is a mortgage insured under the National Housing Act ...
Page 15
... feel we can throw any particular light upon by expressing our views . We do believe that in opening up the funds of the Home Owners ' Loan Corporation to applications that were not actually on file , it raises a serious question . I ...
... feel we can throw any particular light upon by expressing our views . We do believe that in opening up the funds of the Home Owners ' Loan Corporation to applications that were not actually on file , it raises a serious question . I ...
Expressions et termes fréquents
Administrator agency amortized amount applications appraisers BARKLEY BODFISH bonds building and loan CATLETT Chairman committee Congress course debentures DELANO delinquent directors district employees FAHEY farm Farm Credit Administration Federal Home Loan Federal home-loan bank Federal Housing Administration Federal Reserve Federal Reserve Act Federal Savings financing FRIEDLANDER funds going Government HOAGLAND Home Loan Bank Home Owners House bill Insurance Corporation insured mortgages interest investment lending Loan Act loan associations Loan Bank Act Loan Bank Board Loan Corporation Loan League March 21 matter ment MOFFETT National Housing Act obligations operation organization payments percent premium proposed purchase question read as follows Reconstruction Finance Corporation record regional office RUSSELL savings and loan SCHWELLENBACH Senate bill Senator BANKHEAD Senator BULKLEY Senator GORE Senator MCADOO Senator STEIWER Senator TOWNSEND State-chartered institutions statement subcommittee subsection suggestion supervision thereof thing tion Treasury United States Building Washington
Fréquemment cités
Page 50 - ... makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or...
Page 157 - ... means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby.
Page 7 - States (USC, title 18, ch. 5, sees. 202 to 207, inclusive), insofar as applicable, are extended to apply to contracts or agreements with the corporation under this act, which for the purposes hereof shall be held to include loans, advances, extensions and renewals thereof, and acceptances, releases, and substitutions of security therefor, purchases or sales of assets, and all contracts and agreements pertaining to the same.
Page 48 - ... 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 ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 243 - Administrator is authorized to fix a premium charge for the insurance of mortgages under this title but in the case of any mortgage such charge shall not be less than an amount equivalent to one-half of 1 per centum per annum nor more than an amount equivalent to 1 per centum per annum of the amount of the principal obligation of the mortgage outstanding at any time, without taking into account...
Page 50 - The provisions of sections 112, 113, 114, 115, 116, and 117 of the Criminal Code of the United States (USC, title 18, sees.
Page 245 - No insurance shall be granted under this section to any such financial institution with respect to any obligation representing any such loan, advance of credit, or purchase by it (1) unless the loan bears such interest, has such maturity, and contains such other terms, conditions, and restrictions, as the Administrator shall prescribe...
Page 50 - Issued or purporting to have been issued by the corporation, or (4) passes, utters or publishes, or attempts to pass, utter or publish, as true any falsely altered or spurious...
Page 50 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 157 - mortgage 'means a first mortgage on real estate, in fee simple, or on a leasehold (1) under a lease for not less than ninety-nine years which is renewable; or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was excuted ; and the term 'first mortgage...