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 Supervisiion Thereof and for Other Purposes...U.S. Government Printing Office, 1932 - Federal home loan banks |
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Page 6
... borrow money , to give security therefor , and to pay interest thereon , and ( 2 ) to issue bonds and debentures ... borrowing funds temporarily under the terms of obligations which shall expressly state in substance in such manner as ...
... borrow money , to give security therefor , and to pay interest thereon , and ( 2 ) to issue bonds and debentures ... borrowing funds temporarily under the terms of obligations which shall expressly state in substance in such manner as ...
Page 32
... borrow $ 15,000 on an original proposition . Senator COUZENS . I understand that this legislation is not proposed ... borrowed by any member , and that can not exceed at any time twelve times the amount paid in by the member . That ...
... borrow $ 15,000 on an original proposition . Senator COUZENS . I understand that this legislation is not proposed ... borrowed by any member , and that can not exceed at any time twelve times the amount paid in by the member . That ...
Page 33
... borrow money and give security therefore and to pay interest thereon . It is also given authority to issue bonds and debentures , having such maturi- ties as may be fixed by the board , secured by the deposit of the home mortgages . The ...
... borrow money and give security therefore and to pay interest thereon . It is also given authority to issue bonds and debentures , having such maturi- ties as may be fixed by the board , secured by the deposit of the home mortgages . The ...
Page 35
... borrow funds temporarily , and under the terms under which they are borrowed it must be stated expressly that the liability for that borrowing is limited to the issuing bank . Senator COUZENS . That is very objectionable and I just ...
... borrow funds temporarily , and under the terms under which they are borrowed it must be stated expressly that the liability for that borrowing is limited to the issuing bank . Senator COUZENS . That is very objectionable and I just ...
Page 45
... borrow money anywhere . Its paper is not discountable at the Federal reserve . It is not land mortgage paper ; and most financial institutions are so loaded with United States securities that have decreased in value that they are unable ...
... borrow money anywhere . Its paper is not discountable at the Federal reserve . It is not land mortgage paper ; and most financial institutions are so loaded with United States securities that have decreased in value that they are unable ...
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50 per cent amortized amount appraised assets Association of Real bankers bill BODFISH bonds borrow BRADWAY building and loan building associations capital CLARK collateral committee Corporation demand deposits DEVINE directors discount banks district Federal home loan Federal reserve bank Federal reserve system financing foreclosed foreclosures FRIEDLANDER funds going Government home loan bank home mortgage home owner home ownership institutions insurance companies investment January 25 KARR KISSELL land bank liquid loan associations LOFGREN MONKS mortgage companies mortgage loans MYLANDER National O'BRIEN OAKMAN Ohio paid payments present question Real Estate Boards real-estate Reconstruction Finance Corporation rediscount ROBINSON savings banks SCHMIDT second mortgage Senator BULKLEY Senator COUZENS Senator MORRISON Senator TOWNSEND Senator WATSON situation statement subscribe subsection thing TIBBETTS tion to-day trust companies United unpaid principal Willard Hotel