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 7
... period shall not apply to sellers or borrowers during the first eighteen months of the bank's existence . " Page 9 , lines 15-20 : Section 7 , " The bank may purchase or lend upon first mortgages , or other similar instruments " , the ...
... period shall not apply to sellers or borrowers during the first eighteen months of the bank's existence . " Page 9 , lines 15-20 : Section 7 , " The bank may purchase or lend upon first mortgages , or other similar instruments " , the ...
Page 16
... period , requiring no amortization . As these mortgages were fre- quently renewed , it often happened that the ... periods of not less than 10 nor more than 20 years , and shall be amortized at a rate of not less than 2 percent per annum ...
... period , requiring no amortization . As these mortgages were fre- quently renewed , it often happened that the ... periods of not less than 10 nor more than 20 years , and shall be amortized at a rate of not less than 2 percent per annum ...
Page 36
... periods , to see that the conduct of its affairs is sound and comprehensive . If that conduct is not sound , it is ... period of active conditions . Money was available . Values were continuously going up , which made for the safety of ...
... periods , to see that the conduct of its affairs is sound and comprehensive . If that conduct is not sound , it is ... period of active conditions . Money was available . Values were continuously going up , which made for the safety of ...
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