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
... purchase or lend upon such mortgages prior to the commencement of construction , under regu- lations established by it requiring submission of plans , and other special acts . SEC . 8. The bank shall require that these provisions , as ...
... purchase or lend upon such mortgages prior to the commencement of construction , under regu- lations established by it requiring submission of plans , and other special acts . SEC . 8. The bank shall require that these provisions , as ...
Page 7
... purchase " and Page 9 , lines 10-14 : 2. " That they are engaged in the business of using their own funds in the making of real - estate mortgages on urban property . The six months ' period shall not apply to sellers or borrowers ...
... purchase " and Page 9 , lines 10-14 : 2. " That they are engaged in the business of using their own funds in the making of real - estate mortgages on urban property . The six months ' period shall not apply to sellers or borrowers ...
Page 10
... purchase mortgages on buildings to be erected . This is a very dangerous practice , espe- cially on account of the lien laws in some of the States . To sum up my important objections to the proposed bank , the purpose would be to set up ...
... purchase mortgages on buildings to be erected . This is a very dangerous practice , espe- cially on account of the lien laws in some of the States . To sum up my important objections to the proposed bank , the purpose would be to set up ...
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