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 3
... collateral , and , upon surrender and cancellation of such capital stock , the member shall receive a sum equal to its cash paid subscriptions for the capital stock surrendered , except that if at any time the board finds that the paid ...
... collateral , and , upon surrender and cancellation of such capital stock , the member shall receive a sum equal to its cash paid subscriptions for the capital stock surrendered , except that if at any time the board finds that the paid ...
Page 5
... collateral security for an advance by a Federal Home Loan Bank if , at the time such advance is made ( 1 ) the home mortgage loan secured by it has more than twenty years to run to maturity ; or ( 2 ) the principal sum of the home ...
... collateral security for an advance by a Federal Home Loan Bank if , at the time such advance is made ( 1 ) the home mortgage loan secured by it has more than twenty years to run to maturity ; or ( 2 ) the principal sum of the home ...
Page 12
... collateral shall not exceed $ 15,000 each and shall be limited to urban and farm property used for home purposes . ( f ) The maximum amount to be advanced against the mortgage collateral not to exceed more than 50 per cent of the unpaid ...
... collateral shall not exceed $ 15,000 each and shall be limited to urban and farm property used for home purposes . ( f ) The maximum amount to be advanced against the mortgage collateral not to exceed more than 50 per cent of the unpaid ...
Page 18
... collateral security for a loan which this regional bank is to make to the members of the system , home mortgages are ... collateral security for their advances . Senator COUZENS . I mean , they guarantee the securities that they deposit ...
... collateral security for a loan which this regional bank is to make to the members of the system , home mortgages are ... collateral security for their advances . Senator COUZENS . I mean , they guarantee the securities that they deposit ...
Page 19
... collateral ? Mr. O'BRIEN . No ; subscription to stock . Senator TOWNSEND . What page are you referring to ? Mr. O'BRIEN . Page 5 , lines 6 to 15 - subsection ( c ) of section 5 . We have spoken of the institutions eligible to subscribe ...
... collateral ? Mr. O'BRIEN . No ; subscription to stock . Senator TOWNSEND . What page are you referring to ? Mr. O'BRIEN . Page 5 , lines 6 to 15 - subsection ( c ) of section 5 . We have spoken of the institutions eligible to subscribe ...
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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