Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States, Senate, Seventy-second Congress, First Session, on S. 2959, a Bill to Create Federal Home Loan Banks, to Provide for the Supervision Thereof and for Other Purposes |
From inside the book
Results 1-5 of 7
Page 31
I might say in that connection that I participated in the discussion in which that
very question was raised , and some of the strongest advocates for this
legislation said that this was not proposed for the purpose of aiding homes that
cost $ 40 ...
I might say in that connection that I participated in the discussion in which that
very question was raised , and some of the strongest advocates for this
legislation said that this was not proposed for the purpose of aiding homes that
cost $ 40 ...
Page 200
Such assistance can be provided that will not cost the Government a penny;
indeed, a system that will be a source of revenue for the Government. A system
can be devised, such as I shall later outline, that will require a very small amount
of ...
Such assistance can be provided that will not cost the Government a penny;
indeed, a system that will be a source of revenue for the Government. A system
can be devised, such as I shall later outline, that will require a very small amount
of ...
Page 206
They could not estimate the costs of the building , or specify the materials in it . ...
The Federal district banks must be able to secure the money it Joans at a cost of
not exceeding 312 per cent to be of any service to the borrowing home owner .
They could not estimate the costs of the building , or specify the materials in it . ...
The Federal district banks must be able to secure the money it Joans at a cost of
not exceeding 312 per cent to be of any service to the borrowing home owner .
Page 437
That word means what is expressed, but it has been appropriated by insurance
commissioners to apply to the process of reducing the carrying cost of a bond,
year by year, if it was purchased above par, or increasing the purchase figure
year ...
That word means what is expressed, but it has been appropriated by insurance
commissioners to apply to the process of reducing the carrying cost of a bond,
year by year, if it was purchased above par, or increasing the purchase figure
year ...
Page 469
Give us an example of the cost of financing any such scheme . Mr .
MacDoUGALL . I will give you an illustration of one particular mortgage I have in
mind on one group of buildings , at the very inception of our building operations .
I went to one ...
Give us an example of the cost of financing any such scheme . Mr .
MacDoUGALL . I will give you an illustration of one particular mortgage I have in
mind on one group of buildings , at the very inception of our building operations .
I went to one ...
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Common terms and phrases
able advance amount appraised bankers believe bill bonds borrow building and loan capital cent committee companies Corporation cost course demand deposits desire discount district emergency existing fact Federal home loan Federal reserve financing foreclosures funds give going Government home loan bank home owner houses institutions interest investment issued land less limited liquid live loan associations matter mean meet Michigan Monks months mortgage mortgage loans O'BRIEN Ohio operation organization paid payments period present President principal proposed question Real Estate Boards reason rediscount savings Senator COUZENS Senator MORRISON Senator TOWNSEND Senator WATSON situation statement suggested term thing tion to-day trust United York
Popular passages
Page 6 - Examination, consisting of seven members, one to serve for one year, one for two years, one for three years, one for four years, one for five years, one for six years and one for seven years, and the successors of each for the term of seven years, who shall be physicians in good standing in their profession, representation to be given...
Page 7 - Whoever makes any statement knowing it to be false or whoever willfully overvalues any security for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release or substitution of security therefor, or for the purpose of influencing in any way...
Page 7 - 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 7 - The Corporation shall be entitled to the free use of the United States mails in the same manner as the executive departments of the Government.
Page 6 - Any member appointed to fill a vacancy in the board occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term.
Page 7 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 5 - Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provisions of this Act, shall be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation.
Page 7 - ... or any other body politic or corporate, or any individual, or to deceive any officer, auditor, or examiner...
Page 38 - Such drafts or bills may be acquired by Federal reserve banks in such amounts and subject to such regulations, restrictions, and limitations as may be prescribed by the Federal Reserve Board...
Page 8 - The Secretary of the Treasury is hereby authorized to direct and use the Secret Service Division of the Treasury Department to detect, arrest, and deliver into custody of the United States marshal having jurisdiction any person committing any of the offenses punishable under this section.
Bibliographic information
| Title | Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States, Senate, Seventy-second Congress, First Session, on S. 2959, a Bill to Create Federal Home Loan Banks, to Provide for the Supervision Thereof and for Other Purposes Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States, Senate, Seventy-second Congress, First Session, on S. 2959, a Bill to Create Federal Home Loan Banks, to Provide for the Supervision Thereof and for Other Purposes, United States. Congress. Senate. Committee on Banking and Currency |
| Author | United States. Congress. Senate. Committee on Banking and Currency |
| Publisher | U.S. Government Printing Office, 1932 |
| Length | 703 pages |
| Export Citation | BiBTeX EndNote RefMan |