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 84
... Congress. Senate. Committee on Banking and Currency. Senator COUZENS . Do I understand that these long - time amortized mortgages do not have a due date ? Mr. BODFISH . They do not have a due date . A building and loan mortgage contract , ...
... Congress. Senate. Committee on Banking and Currency. Senator COUZENS . Do I understand that these long - time amortized mortgages do not have a due date ? Mr. BODFISH . They do not have a due date . A building and loan mortgage contract , ...
Page 341
... Congress. Senate. Committee on Banking and Currency. Mr. BRADWAY . Of course what it is worth now is a thing that is hard to say . Substantially less . Maybe $ 8,000 or $ 9,000 . Senator COUZENS . Well , that is all right : I am glad to ...
... Congress. Senate. Committee on Banking and Currency. Mr. BRADWAY . Of course what it is worth now is a thing that is hard to say . Substantially less . Maybe $ 8,000 or $ 9,000 . Senator COUZENS . Well , that is all right : I am glad to ...
Page 346
... Senator COUZENS . What percentage of the value are these second mortgages ? Mr. STERLING . Oh , I would say 7 or 8 per cent . Senator COUZENS . You mean on a $ 10,000 home , for example , $ 700 or $ 800 would be in second mortgage ? Mr ...
... Senator COUZENS . What percentage of the value are these second mortgages ? Mr. STERLING . Oh , I would say 7 or 8 per cent . Senator COUZENS . You mean on a $ 10,000 home , for example , $ 700 or $ 800 would be in second mortgage ? Mr ...
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50 per cent affiliate amended amortized amount appraised assets bankers BODFISH bonds borrow building and loan capital CHAIRMAN collateral committee corporation demand depositors deposits directors Federal home loan Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve system financing foreclosures FRIEDLANDER funds going Government HAAS home building home loan bank home mortgage home owner home ownership houses institutions insurance companies interest investment JOHNSTON land bank legislation LIEBER liquid loan associations loan bank bill LOFGREN member bank ment MILLS mortgage loans national bank O'BRIEN Ohio paid payments POPE present President provision question Real Estate Boards real-estate Reconstruction Finance Corporation rediscount savings banks securities Senator BROOKHART Senator BULKLEY Senator COUZENS Senator GLASS Senator GORE Senator MORRISON Senator TOWNSEND Senator WATSON situation statement thing tion to-day trust companies United