Housing: Hearings Before the Committee on Banking and Currency, United States Senate, Eightieth Congress, Second Session, on Perfecting Amendments to S. 866, Housing, March 31 and April 1, 1948 |
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Page 5
... contracts , documents , and records as may be essential to the proper servicing and resale of the loans so purchased , shall be transferred to the Corporation . At the time of such transfer the Corporation shall assume all outstanding ...
... contracts , documents , and records as may be essential to the proper servicing and resale of the loans so purchased , shall be transferred to the Corporation . At the time of such transfer the Corporation shall assume all outstanding ...
Page 7
... contracts and purchase or otherwise acquire , hold , lease , and dispose ( at public or private sale ) of such real and ... contract to make payment or reimbursement for any services or facilities ; " ( h ) may collect , compromise , and ...
... contracts and purchase or otherwise acquire , hold , lease , and dispose ( at public or private sale ) of such real and ... contract to make payment or reimbursement for any services or facilities ; " ( h ) may collect , compromise , and ...
Page 10
... contract or in the commitment to insure : Provided , That any insurance contract made pursuant to this title shall expire as of the first day of the operating year for which the outstanding investment amounts to not more than 10 per ...
... contract or in the commitment to insure : Provided , That any insurance contract made pursuant to this title shall expire as of the first day of the operating year for which the outstanding investment amounts to not more than 10 per ...
Page 11
... contract executed by the Administrator under this title shall be conclusive evidence of the eligibility of the project and the investor for such insurance , and the validity of any insurance contract so executed shall be incontestable ...
... contract executed by the Administrator under this title shall be conclusive evidence of the eligibility of the project and the investor for such insurance , and the validity of any insurance contract so executed shall be incontestable ...
Page 12
... contract was executed and which is evidenced in the manner prescribed by such rules and regulations , and , in the event that the investor fails so to do , said Ad- ministrator may , at his option , terminate the insurance contract . 66 ...
... contract was executed and which is evidenced in the manner prescribed by such rules and regulations , and , in the event that the investor fails so to do , said Ad- ministrator may , at his option , terminate the insurance contract . 66 ...
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Common terms and phrases
additional aggregate amount annual contributions applicable appropriate approved building capital grants centum CHAIRMAN committee Congress construction Corporation debentures decent dwellings exceed families of moderate farm Federal Government Federal Home Loan Federal Housing Administration Flanders amendments FOLEY FPHA going Federal rate hereby amended Home Loan Bank Housing and Home Housing Authority housing needs housing program improvements increase inserting in lieu insurance contract interest rate investor land legislation lieu thereof Loan Bank Administration local public agency low income low-rent housing projects maximum ment mortgage insurance mortgage loans National Housing Act necessary obligations operating outstanding investment paragraph payment percent period premium charges private enterprise project area public agency public housing purchase purposes pursuant Reconstruction Finance Corporation redevelopment plan rental housing rents require respect rural section provides Senator Flanders Senator MCCARTHY Senator ROBERTSON Senator TAFT subsection TEW bill tion Treasury United States Housing urban veterans
Popular passages
Page 6 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 6 - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 24 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 60 - The Congress hereby declares that the general welfare and security of the Nation and the health and living standards of its people require housing production and related community development sufficient to remedy the serious housing shortage, the elimination of substandard and other inadequate housing...
Page 18 - In the performance of, and with respect to, the functions, powers, and duties...
Page 5 - ... showing a necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, may allow the same to be maintained by or against the...
Page 66 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of the Corporation's obligations hereunder.
Page 16 - Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued...
Page 72 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 73 - ... the faith of the United States is solemnly pledged to the payment in coin, or its equivalent of all the obligations of the United States...