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 9
... prevent the freezing of mortgage credit in times of stress . It would be impossible to distribute the debentures of the agency under conditions of stress . 3. The proposed Federal mortgage bank would not tend to reduce interest rates on ...
... prevent the freezing of mortgage credit in times of stress . It would be impossible to distribute the debentures of the agency under conditions of stress . 3. The proposed Federal mortgage bank would not tend to reduce interest rates on ...
Page 13
... prevent a recurrence , if pos- sible , of the evils which we believe led to the debacle as respects mortgage guaranty companies . I have with me a copy of that report which I will be very happy to submit to the subcommittee for what it ...
... prevent a recurrence , if pos- sible , of the evils which we believe led to the debacle as respects mortgage guaranty companies . I have with me a copy of that report which I will be very happy to submit to the subcommittee for what it ...
Page 20
... prevent many of the evils which have been laid at the doors of the mortgage guarantee companies in the past . Payment of dividends : We think that those who invest in mort- gage banks and who have the enterprise to carry on its affairs ...
... prevent many of the evils which have been laid at the doors of the mortgage guarantee companies in the past . Payment of dividends : We think that those who invest in mort- gage banks and who have the enterprise to carry on its affairs ...
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