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 5
... reserve account a sum not less than 25 per centum of its net earnings until said reserve account shall show a credit balance equal to 25 per centum of the outstanding capital stock of the bank . After said reserve is equal to 25 per ...
... reserve account a sum not less than 25 per centum of its net earnings until said reserve account shall show a credit balance equal to 25 per centum of the outstanding capital stock of the bank . After said reserve is equal to 25 per ...
Page 23
... reserve before you attempt to estimate on your earnings ? Your reserves are liabilities , as a rule . Mr. BARKER ... reserve until that reserve equals the amount of the Capital . It is purely arbitrary . Senator RADCLIFFE . Your reserve ...
... reserve before you attempt to estimate on your earnings ? Your reserves are liabilities , as a rule . Mr. BARKER ... reserve until that reserve equals the amount of the Capital . It is purely arbitrary . Senator RADCLIFFE . Your reserve ...
Page 24
... reserves as soon as the risk is as- sumed - and that is a liability of the company , and the capital and surplus cannot be determined until that reserve is set up - if you do not do that , do you not run into this rather anomalous ...
... reserves as soon as the risk is as- sumed - and that is a liability of the company , and the capital and surplus cannot be determined until that reserve is set up - if you do not do that , do you not run into this rather anomalous ...
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