Housing Act of 1958: Hearings Before the Subcommittee on Housing of ... , 85-2, July 7 ... 18, 19581958 - 758 pages |
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Page vii
... Guaranty Corporation Relation of risk to assets_ Summary of operations_ . Pago 182 182 182 Analysis of comparable experience . 182 Prospective volume . 183 Average guaranty . 183 Percentage of loss . 183 Foreclosure .. Turnover average ...
... Guaranty Corporation Relation of risk to assets_ Summary of operations_ . Pago 182 182 182 Analysis of comparable experience . 182 Prospective volume . 183 Average guaranty . 183 Percentage of loss . 183 Foreclosure .. Turnover average ...
Page 11
... guaranty programs . The program is offered as a means of reaching areas where the present programs are not avail- able . A mortgage coinsurance proposal was made by the United States Savings and Loan League last year . It was later ...
... guaranty programs . The program is offered as a means of reaching areas where the present programs are not avail- able . A mortgage coinsurance proposal was made by the United States Savings and Loan League last year . It was later ...
Page 14
... guaranty operation in the Board would create an extremely undesirable governmental organization in this field . The new functions of the Board would needlessly and wastefully duplicate the functions of the FHA and the VA . Such an ...
... guaranty operation in the Board would create an extremely undesirable governmental organization in this field . The new functions of the Board would needlessly and wastefully duplicate the functions of the FHA and the VA . Such an ...
Page 15
... guaranty corporation to provide for property standards or to inspect homes on a spot - check basis , it is clear that the corporation would be unable to carry out such instructions effec- tively . As I stated before , the Federal Home ...
... guaranty corporation to provide for property standards or to inspect homes on a spot - check basis , it is clear that the corporation would be unable to carry out such instructions effec- tively . As I stated before , the Federal Home ...
Page 16
... guaranty corporation and the FHLBB would be seriously handicapped by the absence of a network of field offices from which appraisers could occasionally do a spot - checking job on a sampling basis . The Board would be forced to rely on ...
... guaranty corporation and the FHLBB would be seriously handicapped by the absence of a network of field offices from which appraisers could occasionally do a spot - checking job on a sampling basis . The Board would be forced to rely on ...
Common terms and phrases
additional ADDONIZIO agency Albert Rains amendment amortization amount appraisal areas ASHLEY BARRETT believe BETTS BUBB builders building capital grant CELEBREZZE Chairman coinsurance COLE college housing committee Congress construction conventional loan cooperative housing Corporation cost elderly facilities families favor Federal Government Federal Home Loan Federal Housing Administration FHA loans financing FNMA foreclosure funds going guaranty HALLAHAN Home Loan Bank home mortgage Housing Act housing authorities housing program income increase institutions interest rate legislation lenders lending limit loan associations Loan Bank Board low-rent housing maximum Mayor MCDONOUGH ment million mortgage insurance mortgage loans National nursing homes operation payments premium present problem proposed public housing purchase question RAINS recommend redevelopment savings and loan Seattle Housing Authority section 203 Senate bill SHISHKIN slum statement subcommittee SULLIVAN Thank tion units urban renewal program Wherry WIDNALL
Popular passages
Page 669 - ... (3) if executed by a mortgagor which is a private nonprofit corporation, association, or organization acceptable to the Commissioner, involve a principal obligation not in excess of 90 per centum of the amount which the Commissioner estimates will be the replacement cost of the property or project when the proposed improvements are completed...
Page 725 - Five members who are members of the Committee on Banking and Currency of the House of Representatives, three from the majority and two from the minority party, to be appointed by the chairman of the committee.
Page 332 - Commissioner may, by regulation, increase any of the foregoing dollar amount limitations contained in this paragraph by not to exceed $1,250 per room without regard to the number of rooms being less than four, or four or more, in any geographical area where he finds that cost levels so require...
Page 283 - State, by the municipality or other political subdivision in which the facility is located), for the accommodation of convalescents or other persons who are not acutely ill and not in need of hospital care but who require skilled nursing care and related medical services...
Page 182 - ... may determine. Moneys of the Corporation not required for current operations shall be deposited in the Treasury of the United States, or upon the approval of the Secretary of the Treasury, in any Federal Reserve bank, or shall be invested in obligations of, or guaranteed...
Page 182 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
Page 44 - Such notes shall bear interest at a rate fixed by the Secretary of the Treasury, taking into consideration the current average market yields...
Page 332 - Section 207 (c) of the National Housing Act, as amended, is hereby amended (1) by striking out of clause "(i)
Page 210 - The objects of the association are to promote thrift by providing a convenient and safe method for people to save and Invest money and to provide for the sound and economical financing of homes; and.
Page 505 - ... (7) contain such terms and provisions with respect to insurance, repairs, alterations, payment of taxes, default reserves, delinquency charges, foreclosure proceedings, anticipation of maturity, additional and secondary liens, and other matters as the Administrator may in his discretion prescribe.