Home Owners' Loan Act: Hearing Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-third Congress, First Session, on S. 1317, a Bill to Provide Emergency Relief with Respect to Home Mortgage Indebtedness, to Refinance Home Morgages, to Extend Relief to the Owners of Homes Ocupied 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. April 20 and 22, 1933U.S. Government Printing Office, 1933 - 135 pages |
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Page 7
80 percent ? Mr. RUSSELL . Eighty percent of the value of the home . Senator COUZENS . ... Which would bear interest at the rate of 5 percent per annum on the unpaid balance , and would require a monthly payment of about $ 8 a thousand ...
80 percent ? Mr. RUSSELL . Eighty percent of the value of the home . Senator COUZENS . ... Which would bear interest at the rate of 5 percent per annum on the unpaid balance , and would require a monthly payment of about $ 8 a thousand ...
Page 12
What did you use to arrive at your 80 percent of the present - day values ? How did you arrive ať 80 percent instead of 70 or 60 or something else ? Mr. RUSSELL . Senator , they had the Federal farm loan bill that is pending , and they ...
What did you use to arrive at your 80 percent of the present - day values ? How did you arrive ať 80 percent instead of 70 or 60 or something else ? Mr. RUSSELL . Senator , they had the Federal farm loan bill that is pending , and they ...
Page 13
3 years . not know what normal value meant , and I could not find anybody that did , and my judgment was that it was impractical to appraise on normal value , and my judgment was that 80 percent is probably about the same as 50 percent ...
3 years . not know what normal value meant , and I could not find anybody that did , and my judgment was that it was impractical to appraise on normal value , and my judgment was that 80 percent is probably about the same as 50 percent ...
Page 14
In other words , you support 80 percent as a fair and sound compromise between making loans that are absolutely good and our desire to relieve cases that really ought to be relieved ? Mr. RUSSELL . That is exactly the compromise that I ...
In other words , you support 80 percent as a fair and sound compromise between making loans that are absolutely good and our desire to relieve cases that really ought to be relieved ? Mr. RUSSELL . That is exactly the compromise that I ...
Page 15
If here is a $ 5,000 home , but the home owner has been unable to maintain his property and he needs a roof that will cost him $ 200 ; he has , we will say , $ 3,700 in the place , and therefore 80 percent would give him up to $ 4,000 ...
If here is a $ 5,000 home , but the home owner has been unable to maintain his property and he needs a roof that will cost him $ 200 ; he has , we will say , $ 3,700 in the place , and therefore 80 percent would give him up to $ 4,000 ...
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Expressions et termes fréquents
80 percent advances amended amortization amount apply appraisal associations authorized BARKLEY bill bonds borrowing building capital chairman cities committee companies Corporation cost counties created deposits directors discount district effect employed exceed extend fact Federal home-loan Federal mortgage bank feel figures financing funds gages give going Government HENNESSY home mortgages home owners home-loan bank institutions interest invested issued legislation less limit loan Loan Bank McAvoy means mort municipalities obligations officers operation organization paid payments percent period person possible present President principal proposed question real estate reason reduced relief represent require Reserve RUSSELL savings SCHMIDT Senator BULKLEY Senator COUZENS Senator McAdoo Senator TOWNSEND situation statement subscriber suggested term tion Treasury United York
Fréquemment cités
Page 117 - ... 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 90 - Be it enacted by the Senate and Bouse of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Housing Amendments of 1957".
Page 117 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 2 - The Corporation, including its franchise, its capital, reserves, and surplus, and its 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...
Page 3 - In order to provide local mutual thrift institutions in which people may invest their funds and in order to provide for the financing of homes, the Board is authorized, under such rules and regulations as it may prescribe, to provide for the organization, incorporation, examination, operation, and regulation of associations to be known as 'Federal Savings and Loan Associations...
Page 5 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 112 - Board shall annually make a full report of its operations to the Speaker of the House of Representatives, who shall cause the same to be printed for the information of the Congress.
Page 16 - Any and all notes, debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation...
Page 112 - Provided, That the districts shall be apportioned with due regard to the convenience and customary course of business and shall not necessarily be coterminous with any State or States.
Page 5 - Corporation, or, without being duly authorized, draws any order or issues, puts forth, or assigns any note, debenture, bond, or other obligation, or draft, bill of exchange, mortgage, judgment, or decree thereof...
Informations bibliographiques
| Titre | Home Owners' Loan Act: Hearing Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-third Congress, First Session, on S. 1317, a Bill to Provide Emergency Relief with Respect to Home Mortgage Indebtedness, to Refinance Home Morgages, to Extend Relief to ... |
| Auteur | United States. Congress. Senate. Committee on Banking and Currency |
| Éditeur | U.S. Government Printing Office, 1933 |
| Original provenant de | la Bibliothèque du Congrès |
| Numérisé | 17 mars 2007 |
| Longueur | 135 pages |
| Exporter la citation | BiBTeX EndNote RefMan |