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 2
Such bonds shall be issued in such denominations as the Board shall prescribe , shall mature within a period of not more than eighteen years from the date of their issue , shall bear interest at a rate not to exceed 4 per centum per ...
Such bonds shall be issued in such denominations as the Board shall prescribe , shall mature within a period of not more than eighteen years from the date of their issue , shall bear interest at a rate not to exceed 4 per centum per ...
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The Corporation may at any time grant an extension of time to any mortgagor for the payment of any installment of principal or interest owed by him to the Corporation if , in the judgment of the Board , the circumstances of the ...
The Corporation may at any time grant an extension of time to any mortgagor for the payment of any installment of principal or interest owed by him to the Corporation if , in the judgment of the Board , the circumstances of the ...
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Each such association shall issue receipts for such payments by the Secretary of the Treasury in such form as may be approved by the Board , and such receipts shall be evidence of the interest of the United States in such preferred ...
Each such association shall issue receipts for such payments by the Secretary of the Treasury in such form as may be approved by the Board , and such receipts shall be evidence of the interest of the United States in such preferred ...
Page 7
This act provides a 200 million cash capital and authorizes $ 2 ,000,000,000 of bonds , the interest on which would be guaranteed by the United States . It does not provide for loans in cash to take up mortgages , but provides for the ...
This act provides a 200 million cash capital and authorizes $ 2 ,000,000,000 of bonds , the interest on which would be guaranteed by the United States . It does not provide for loans in cash to take up mortgages , but provides for the ...
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... would dilute the safety of the enterprise and thereby resulting in money costing more and the home owner who furnishes the better security would suffer and be compelled permanently to pay higher rates of interest on home mortgages .
... would dilute the safety of the enterprise and thereby resulting in money costing more and the home owner who furnishes the better security would suffer and be compelled permanently to pay higher rates of interest on home mortgages .
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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...