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 |
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Page 437
Instances where foreclosure is related to the mere maturity of a well-secured
mortgage are so rare as to be of infinitesimal aggregate and should be regarded
as a negligible factor in considering this bill. The security value under a mortgage
...
Instances where foreclosure is related to the mere maturity of a well-secured
mortgage are so rare as to be of infinitesimal aggregate and should be regarded
as a negligible factor in considering this bill. The security value under a mortgage
...
Page 460
The total foreclosures in Hamilton County during that period of 26 weeks , that is
half a year , was $ 2 , 237 , 373 . 31 . Senator WATSON . Do you know how many
individual homes that would be ? Are you talking how about homes , or of all ...
The total foreclosures in Hamilton County during that period of 26 weeks , that is
half a year , was $ 2 , 237 , 373 . 31 . Senator WATSON . Do you know how many
individual homes that would be ? Are you talking how about homes , or of all ...
Page 586
Senate. Committee on Banking and Currency. 7. Temporary inflation in the home
building market will lead inevitably to sharp deflation in existing home values
already seriously depreciated. Increase in foreclosures will naturally follow. 8.
Senate. Committee on Banking and Currency. 7. Temporary inflation in the home
building market will lead inevitably to sharp deflation in existing home values
already seriously depreciated. Increase in foreclosures will naturally follow. 8.
Page 588
number of all first mortgage foreclosures , has declined during 1931 , as follows :
first quarter , 38 . 76 per cent ; second quarter , 34 per cent , and third quarter , 27
. 96 per cent . In the same nine months in Cook County , the amount of first ...
number of all first mortgage foreclosures , has declined during 1931 , as follows :
first quarter , 38 . 76 per cent ; second quarter , 34 per cent , and third quarter , 27
. 96 per cent . In the same nine months in Cook County , the amount of first ...
Page 650
442 great extent . 316 2nsiderable . - - 230 minal 227 ry little 185 me help - - -
131 difference - - 116 per cent of each . - - - - - - 114 per cent of each - - - - - - - -
ould have helped many banks - - - - - - - - - - - ould have saved many foreclosures
.me ...
442 great extent . 316 2nsiderable . - - 230 minal 227 ry little 185 me help - - -
131 difference - - 116 per cent of each . - - - - - - 114 per cent of each - - - - - - - -
ould have helped many banks - - - - - - - - - - - ould have saved many foreclosures
.me ...
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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.