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" Administrator may prescribe; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. "
Hearings ... on Sundry Legislation Affecting the Naval and Military ... - Page 1852
by United States. Congress. House. Committee on Armed Services
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Annual Report of the Federal Housing Administration

United States. Federal Housing Administration - Housing - 1934 - 802 pages
...that "no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project, with respect to which the mortgage is executed, is economically sound." Closely related to this mandate are the requirements for periodic amortization...
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National Housing Act as Amended, and Provisions of Other Laws Pertaining to ...

United States - Housing - 1935 - 254 pages
...prescribe; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. In the event that the principal obligation of any mortgage accepted for insurance...
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Insured Mortgage Portfolio ...

United States. Federal Housing Administration - Housing - 1936 - 222 pages
...that no mortgage should be acccepted for insurance under Section 203 "unless the Commissioner finds that the project with respect to which the mortgage is executed is economically sound." The requirement of economic soundness has been fundamental to the development...
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Legislative Calendar, Volume 55, Part 1

United States. Congress. Senate. Committee on Finance - United States - 1942 - 1032 pages
...; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. In the event that the principal obligation of any mortgage accepted for insurance...
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United States Statutes at Large, Volume 71

United States - Law - 1958 - 1078 pages
...the appraised value of the property : Provided further. That the Commissioner finds that the property with respect to which the mortgage is executed is an acceptable risk, giving consideration to the need for providing adequate housing for families of low and moderate income...
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Home Owners' Loan Acts and Housing Acts

United States - Federal home loan banks - 1966 - 980 pages
...the appraised value of the property : Provided further, That the Commissioner finds that the property c t y (F Hx NrQ [!o u f2 n2 h jI \ i =4P8^ ɛ 7 l giving consideration to the need for providing adequate housing for families of low and moderate income...
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National Defense Migration: Hearings Before the Select Committee ...

United States. Congress. House. Select Committee Investigating National Defense Migration - Migrant labor - 1941 - 2368 pages
...prescribe; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. In the event that the principal obligation of any mortgage accepted for insurance...
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Defense Housing Insurance: Hearings Before ... , 77-9 on H.R. 3575 ...

United States. COngress. House. Banking and Currency Committee - 1941 - 194 pages
...; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. In the event that the principal obligation of any mortgage accepted for insurance...
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United States Code, Volume 3

United States - Law - 1971 - 1248 pages
...prescribe; but no mortgage shall be accepted for Insurance under this section unless the Secretary finds that the project with respect to which the mortgage Is executed is economically sound. In the event that the principal obligation of any mortgage accepted for Insurance...
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Defense Housing Insurance, Hearing Before a Subcommittee of ..., 77-1 on H.R ...

United States. Congress. Senate. Banking and Currency Committee - 1941 - 70 pages
...; but no mortgage shall be accepted for insurance under this section unless the Administrator finds that the project with respect to which the mortgage is executed is economically sound. In the event that the principal obligation of any mortgage accepted for insurance...
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