Home Owners' Loan Act: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-third Congress, First Session, on S. 1317 |
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Page 15
... legislation said except estate , inheritance , and gift taxes . It seem sto me that surtaxes were not in the previous acts . Mr. RUSSELL . Senator , that was taken from the other acts . The Federal Home Loan Bank Act has that identical ...
... legislation said except estate , inheritance , and gift taxes . It seem sto me that surtaxes were not in the previous acts . Mr. RUSSELL . Senator , that was taken from the other acts . The Federal Home Loan Bank Act has that identical ...
Page 16
... legislation . I do not see any reason to depart from the usual practice . Senator COUZENS . No ; I do not . But there are , of course , a num- ber of Government securities out that are wholly tax exempt , and I did not remember that ...
... legislation . I do not see any reason to depart from the usual practice . Senator COUZENS . No ; I do not . But there are , of course , a num- ber of Government securities out that are wholly tax exempt , and I did not remember that ...
Page 35
... legislation . " The Long Island Real Estate Board from the beginning of the crisis has felt that the home owner was the man who most warranted consideration . He represented the basis not only of realty values , but community and ...
... legislation . " The Long Island Real Estate Board from the beginning of the crisis has felt that the home owner was the man who most warranted consideration . He represented the basis not only of realty values , but community and ...
Page 39
... legislation is of vital concern therefore to the insurance com- panies , banks , and building and loan associations involved , as well as the investors , depositors , and policyholders . Instead of a partial plan , a plan should be ...
... legislation is of vital concern therefore to the insurance com- panies , banks , and building and loan associations involved , as well as the investors , depositors , and policyholders . Instead of a partial plan , a plan should be ...
Page 44
... legislation due to the fact that many States . have enacted legislation permitting dealing with the home - loan 44 HOME OWNERS ' LOAN ACT.
... legislation due to the fact that many States . have enacted legislation permitting dealing with the home - loan 44 HOME OWNERS ' LOAN ACT.
Common terms and phrases
33 Liberty Street 80 percent Act as amended amortization amount apply appraisal authorized BARKLEY bill bonds building and loan capital cash census centum chairman cities committee counties currency debentures deposits discount distress district eligible equity exceed Federal Home Federal home-loan bank Federal mortgage bank Federal Reserve feel foreclosure funds gages Government HENNESSY home financing Home Mortgage Advisory home owners institutions interest rate invested issued legislation Loan Act loan associations Loan Bank Act loan corporation Lorain County McAvoy million moratorium mort Mortgage Advisory Board mortgage bank system mortgage loans mortgagor municipalities nonsubscriber borrower obligations organization payments percentage President principal proposed rate of interest real estate Reconstruction Finance Corporation relief require RUSSELL SCHMIDT Senator BULKLEY Senator COUZENS Senator MCADOO Senator TOWNSEND small home taxes thereof tion Treasury United United States Senate
Popular passages
Page 4 - ... makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or...
Page 109 - ... means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby.
Page 2 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 2 - Any and all notes, debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation...
Page 3 - In order to provide local mutual thrift institutions in which people may invest their funds and in order to provide for the financing of homes, the Board is authorized, under such rules and regulations as it may prescribe, to provide for the organization, incorporation, examination, operation, and regulation of associations to be known as 'Federal Savings and Loan Associations...
Page 5 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 111 - The Corporation shall be entitled to the free use of the United States mails in the same manner as the executive departments of the Government.
Page 5 - The provisions of sections 112, 113, 114, 115, 116, and 117 of the Criminal Code of the United States (USC, title 18, ch.
Page 120 - Issued or purporting to have been issued by the corporation, or (4) passes, utters or publishes, or attempts to pass, utter or publish, as true any falsely altered or spurious...
Page 112 - Board shall annually make a full report of its operations to the Speaker of the House of Representatives, who shall cause the same to be printed for the information of the Congress.