To Provide for the Establishment of a Federal Mortgage Bank: Hearing Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-fourth Congress, Second Session, on S. 2914 |
From inside the book
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Page 4
... debentures , or other like evidences of indebtedness to obtain funds for the purpose of carrying out the intents of this Act , in the aggregate amount not to exceed twelve times its unimpaired capital and surplus . These notes , bonds ...
... debentures , or other like evidences of indebtedness to obtain funds for the purpose of carrying out the intents of this Act , in the aggregate amount not to exceed twelve times its unimpaired capital and surplus . These notes , bonds ...
Page 18
... debentures is narrowly limited by statute . We have found that , notably in the case of the Credit Foncier , the bank was authorized to sell its debentures to the extent of 50 times its capital . In other countries , however , narrower ...
... debentures is narrowly limited by statute . We have found that , notably in the case of the Credit Foncier , the bank was authorized to sell its debentures to the extent of 50 times its capital . In other countries , however , narrower ...
Page 29
... debentures the privilege of permitting debenture holders to share in profits . The mortgage bank will be able to register and sell its debentures on the leading exchanges of the country . This should provide a ready market for the bonds ...
... debentures the privilege of permitting debenture holders to share in profits . The mortgage bank will be able to register and sell its debentures on the leading exchanges of the country . This should provide a ready market for the bonds ...
Common terms and phrases
60 per centum agency ALBEN W amortization appraisers ASSOCIATION OF REAL BANKING AND CURRENCY BARKER believe board of directors bonds capital and surplus capital stock cash certificates CHAIRMAN COMMITTEE ON BANKING Credit Foncier debentures defaults dividends earnings eligible fair worth Federal Housing Administration Federal mortgage bank Federal Reserve feel Fletcher bill frozen funds gage Government holders Housing institutions insurance companies interest rates investor issued JAMES COUZENS judgment lines liquidity loan MACDOUGALL mort mortgage finance mortgage investments mortgage loans mortgage structure mortgagor obligations officers payments periods of stress PETER NORBECK President principal proposed purchase or lend Real Estate Boards real-estate and mortgage Reconstruction Finance Corporation regulation repurchase agreement reserve system savings banks SCHMIDT Secretary Section sell Senator COUZENS Senator RADCLIFFE Senator WAGNER sound mortgage statement stockholders supervision thereof tion United United States Senate WALSTRUM York