Proposed Repeal of the Federal Home Loan Bank Act: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-third Congress, First Session, on S.6, a Bill to Repeal an Act Entitled "An Act to Create Federal Home-loan Banks, to Provide for the Supervision Thereof, and for Other Purposes", Approved July 22, 1932. Part 1 [-2] March 22 and 23 [29] 1933, Volumes 1 à 2U.S. Government Printing Office, 1933 - 254 pages |
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Page 14
... entirely too far . Certainly if the Fed- eral Home Loan Bank Board goes out and makes an examination of an individual institution and charges the cost of examination against the institution , which it is required under the law to do ...
... entirely too far . Certainly if the Fed- eral Home Loan Bank Board goes out and makes an examination of an individual institution and charges the cost of examination against the institution , which it is required under the law to do ...
Page 27
... entirely by the distress of mortgagor and we therefore see no objection to the amendment . ection 13 : This section was not in S. 1771 and its inclusion or exclusion is a matter of importance to savings , building and loan associations ...
... entirely by the distress of mortgagor and we therefore see no objection to the amendment . ection 13 : This section was not in S. 1771 and its inclusion or exclusion is a matter of importance to savings , building and loan associations ...
Page 30
... entirely satisfactory . That was language that we worked out with that group . mutte 2 - Te In section 21 I want to invite your attention to the fact that the language providing for the original F. H. A. had an unwise and unsound ...
... entirely satisfactory . That was language that we worked out with that group . mutte 2 - Te In section 21 I want to invite your attention to the fact that the language providing for the original F. H. A. had an unwise and unsound ...
Page 31
... entirely impracticable . k that on the other matters we are very much in agreement . -n 24 is rather important , and the Federal Board has no n to it , as I understand it . We are taking no position on the ns dealing with the F. H. A. ...
... entirely impracticable . k that on the other matters we are very much in agreement . -n 24 is rather important , and the Federal Board has no n to it , as I understand it . We are taking no position on the ns dealing with the F. H. A. ...
Page 42
... entirely satisfactory . Senator TOWNSEND . You are not insisting on your amendment especially ? What you want is results ? Senator BARBOUR . That is entirely true . The only reason I drew up an amendment was to have something ...
... entirely satisfactory . Senator TOWNSEND . You are not insisting on your amendment especially ? What you want is results ? Senator BARBOUR . That is entirely true . The only reason I drew up an amendment was to have something ...
Expressions et termes fréquents
Administrator agency AHEY amendment amortized amount applications appraisal bank system BARKLEY BODFISH bonds building and loan CATLETT committee Congress course debentures DELANO delinquent directors district FAHEY farm Farm Credit Administration Federal Home Loan Federal Housing Administration Federal Reserve Federal Savings filed financing FRIEDLANDER funds Government HOAGLAND Home Loan Bank home mortgage Home Owners House bill Insurance Corporation 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 nator operation organization payments percent premium proposed purchase question Reconstruction Finance Corporation record regional office RUSSELL Satisfactory in present savings and loan SCHWELLENBACH Sena Senator BANKHEAD Senator BULKLEY Senator GORE Senator MCADOO Senator STEIWER SSELL State-chartered institutions subsection supervision thereof thing tion United States Building UNITED STATES SENATE Washington
Fréquemment cités
Page 161 - ... 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 52 - ... makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or...
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 50 - ... 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 249 - 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 52 - The provisions of sections 112, 113, 114, 115, 116, and 117 of the Criminal Code of the United States (USC, title 18, sees.
Page 251 - 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 52 - 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 52 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 161 - 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...