Investigation of Housing, 1955: Hearings Before the Subcommittee on Housing of the Committee on Banking and Currency, House of Representatives, Eighty-fourth Congress, First Session, Part 3U.S. Government Printing Office, 1956 - Home improvement loans |
Common terms and phrases
$5 million ADDONIZIO Administration advance commitments Alabama Albert Rains amendment amount ASHLEY Banking and Currency BAUGHMAN BOHN builders building CELEBREZZE Chairman city of Cleveland COLE committee Congress construction cooperative housing cost Cuyahoga County discount facilities families Fannie farm housing Federal Housing Administration Federal National Mortgage fees FNMA cooperative FNMA's FRANKEL Garden Valley going GOODYEAR Government Greater Cleveland home mortgage Housing Act Housing Authority housing program income interest rate investment KROOTH land legislation lenders LEVITT limited low-income LUEDECKE MCDONOUGH ment months Mortgage Bankers Association mortgage credit mortgage insurance mortgage loans mortgage market National Mortgage Association neighborhood O'HARA payments percent present president public housing RAINS rent rental secondary market operations Senator SPARKMAN slum area slum clearance special assistance functions statement STEINER subcommittee tion urban redevelopment urban renewal VA loans VANIK VIESER WIDNALL
Popular passages
Page 32 - Youth is not a time of life— it is a state of mind; it is a temper of the will, a quality of the imagination, a vigor of the emotions, a predominance of courage over timidity, of the appetite for adventure over the love of ease.
Page 107 - ... real and personal property, together with such rights and privileges as may be incidental and appurtenant thereto and the use thereof, including, but not restricted to, any real or personal property acquired by the corporation from time to time in the satisfaction of debts or enforcement of obligations.
Page 32 - Years wrinkle the skin, but to give up enthusiasm wrinkles the soul. Worry, doubt, self-distrust, fear and despair — these are the long long years that bow the head and turn the growing spirit back to dust. Whether...
Page 124 - Functions are confined, so far as is practicable, to mortgages which are deemed by the Association to be of such quality as to meet, substantially and generally, the purchase standards imposed by private institutional mortgage investors, but which, at the time the mortgages are offered for purchase, are not necessarily readily acceptable to such investors.
Page 87 - We believe all housing built with the aid of Federal funds or credit or any other form of financial assistance should be made available to minority families on an equal basis with all other families. The Federal Government has a positive responsibility to see to it that an opportunity to obtain adequate housing is available to all families without regard to race, color, creed or national origin. 12. To provide proper leadership and to assure adequate emphasis on housing and other urban problems in...
Page 5 - ... provide supplementary assistance to the secondary market for home mortgages by providing a degree of liquidity for mortgage investments, thereby improving the distribution of investment capital available for home mortgage financing...
Page 110 - ... Any corporation may purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, and while owner of such stock may exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
Page 80 - Married women are not classified as heads if their husbands are living with them at the time of the census.
Page 109 - ... is proposed between this corporation and its creditors or any class of them and/or between this corporation and its...
Page 26 - ... as a means of retarding or stopping a decline in mortgage lending and home building activities which threatens materially the stability of a high level national economy...