Amendments to National Housing Act: Hearings Before the Committee on Banking and Currency, House of Representatives, Seventy-fifth Congress, Second Session, on H.R. 8520, to Amend the National Housing Act and for Other Purposes. November 30, December 1, 2, 3, 7, 8, 9, 10, 1937 |
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... Amend the National Housing Act and for Other Purposes. November 30, December 1, 2, 3, 7, 8, 9, 10, 1937 United States. Congress. House. Committee on Banking and Currency. HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY HOUSE OF ...
... Amend the National Housing Act and for Other Purposes. November 30, December 1, 2, 3, 7, 8, 9, 10, 1937 United States. Congress. House. Committee on Banking and Currency. HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY HOUSE OF ...
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... Amend the National Housing Act and for Other Purposes. November 30, December 1, 2, 3, 7, 8, 9, 10, 1937 United States. Congress. House. Committee on Banking and Currency. HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY Grass HOUSE ...
... Amend the National Housing Act and for Other Purposes. November 30, December 1, 2, 3, 7, 8, 9, 10, 1937 United States. Congress. House. Committee on Banking and Currency. HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY Grass HOUSE ...
Page 1
... amended , be further amended as follows : SEC . 2. Section 201 of title II is amended by striking out the words " As used in this title " and inserting in lieu thereof the words " As used in section 203 of this title " ; and by amending ...
... amended , be further amended as follows : SEC . 2. Section 201 of title II is amended by striking out the words " As used in this title " and inserting in lieu thereof the words " As used in section 203 of this title " ; and by amending ...
Page 2
... amended to read as follows : " ( 1 ) Be held by a mortgagee approved by the Administrator as responsible and able to service the mortgage properly . ' " " SEC . 7. Subsection ( 2 ) of section 203 ( b ) of title II is amended to read as ...
... amended to read as follows : " ( 1 ) Be held by a mortgagee approved by the Administrator as responsible and able to service the mortgage properly . ' " " SEC . 7. Subsection ( 2 ) of section 203 ( b ) of title II is amended to read as ...
Page 3
... amended to read as follows : " ( b ) The debentures issued under this section to any mortgagee shall be exe- cuted ... amended . " • SEC . 12. Section 204 ( c ) of AMENDMENTS TO NATIONAL HOUSING ACT 3.
... amended to read as follows : " ( b ) The debentures issued under this section to any mortgagee shall be exe- cuted ... amended . " • SEC . 12. Section 204 ( c ) of AMENDMENTS TO NATIONAL HOUSING ACT 3.
Common terms and phrases
90 percent 90-percent loan ABNER H amended amortization amount authority average Bankers bill BODFISH bonds borrower builders building and loan CHAIRMAN cities COLEAN committee Congressman construction Corporation cost course CRAWFORD debentures default DEMUTH dwellings ECCLES Federal Housing Administration Federal Reserve FERGUSON financing FISH FLEMING FORD foreclosure FRANK funds gage GIFFORD going GOLDSBOROUGH Government guaranteed HANCOCK Home Loan Bank home owner income industry insurance companies insured mortgages interest rate investment JONES labor legislation lender lending institutions loan associations LUCE McDONALD MCGRANERY MCKEOUGH ment mort Mortgage Bankers Association mortgage insurance mortgage loans mortgagor National Housing Act national mortgage associations operation paid PATMAN payment premium present private capital proposed purchase question real estate real-estate Reconstruction Finance Corporation rent section 207 securities sell service charge SPENCE subsection thing thrift tion TRANSUE WILLIAMS WOLCOTT
Popular passages
Page 3 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 5 - Such purchases shall be made at a price which will provide an investment yield of not less than the yield obtainable from other investments authorized by this section. Debentures so purchased shall be canceled and not reissued.
Page 10 - 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 (except surtaxes, estate, inheritance, and gift taxes) 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 5 - ... 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. (b) The term "mortgagee...
Page 4 - Each such certificate of claim shall provide that there shall accrue to the holder of such certificate with respect to the face amount of such certificate, an increment at the rate of 3 per centum per annum which shall not be compounded.
Page 130 - Administrator as to rents or sales, charges, capital structure, rate of return, and methods of operation to such extent and in such manner as to provide reasonable rentals to tenants and a reasonable return on the investment.
Page 10 - Whoever, for the purpose of obtaining any loan or advance of credit from any person, partnership, association, or corporation with the intent that such loan or advance of credit shall be offered to or accepted by the...
Page 6 - V shall be considered a default under such mortgage and, if such default continues for a period of thirty days, the mortgagee shall be entitled to receive the benefits of the insurance...
Page 8 - Insurance Fund. The principal of, and interest paid and to be paid on, debentures...
Page 8 - ... notwithstanding any other provisions of law relating to the acquisition, handling, or disposal of real property by the United States...