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 12
... proposed discount banks to make no initial mortgages but to loan only upon the obligations of the loaning institutions secured by the mortgage loans as collateral in order to assure and expand the functioning of such in- stitutions ...
... proposed discount banks to make no initial mortgages but to loan only upon the obligations of the loaning institutions secured by the mortgage loans as collateral in order to assure and expand the functioning of such in- stitutions ...
Page 13
... proposed to find capital for the discount banks in much the same way , in so far as is applicable , as the capital was found for the Federal reserve banks- that is , that an organization committee in each district should first offer the ...
... proposed to find capital for the discount banks in much the same way , in so far as is applicable , as the capital was found for the Federal reserve banks- that is , that an organization committee in each district should first offer the ...
Page 31
... proposed for the purpose of aiding homes that cost $ 40,000 , $ 50,000 or $ 60,000 , but was , rather , proposed to limit the support to persons desiring homes that did not in any sense exceed the original cost of $ 30,000 . In other ...
... proposed for the purpose of aiding homes that cost $ 40,000 , $ 50,000 or $ 60,000 , but was , rather , proposed to limit the support to persons desiring homes that did not in any sense exceed the original cost of $ 30,000 . In other ...
Page 32
... proposed along the line of safety , but , rather , to promote home building . Senator WATSON . That involves a question of policy , Senator . Senator COUZENS . Yes . I am not discussing it . I am just raising the question . That can be ...
... proposed along the line of safety , but , rather , to promote home building . Senator WATSON . That involves a question of policy , Senator . Senator COUZENS . Yes . I am not discussing it . I am just raising the question . That can be ...
Page 104
... proposed system ? Mr. CLEMENT . I draw the line here , that the Federal reserve bank is for the general good of all . The land bank is for the benefit of a class that was not supported by the old system of banking . It was very hard for ...
... proposed system ? Mr. CLEMENT . I draw the line here , that the Federal reserve bank is for the general good of all . The land bank is for the benefit of a class that was not supported by the old system of banking . It was very hard for ...
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Common terms and phrases
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