Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, House of Representatives, Seventy-second Congress, First Session, on H.R. 7620, a Bill to Create Federal Home Loan Banks, to Provide for the Supervision Thereof and for Other Purposes. March 16, 17, 18, 21, 22, 23, 24, 25, 28, 29, 30, 1932. Printed for the Use of the Committee on Banking and Currency |
From inside the book
Results 1-5 of 72
Page 4
... demands of other members , with due regard to the main- tenance of adequate credit standing for the Federal home loan bank and its obligations , and with due regard to the orderly provision of credit to aid in the conduct of home ...
... demands of other members , with due regard to the main- tenance of adequate credit standing for the Federal home loan bank and its obligations , and with due regard to the orderly provision of credit to aid in the conduct of home ...
Page 29
... demands for repayment by institutions holding straight mortgages , whose funds are subject to immediate withdrawal , create a situa- tion which makes necessary the establishment of a home - financing reserve system not only for ...
... demands for repayment by institutions holding straight mortgages , whose funds are subject to immediate withdrawal , create a situa- tion which makes necessary the establishment of a home - financing reserve system not only for ...
Page 35
... demand funds of their customers unless some reserve agency of this character is set up to give liquidity to mortgage investments . Life - insurance companies are facing the possibility of largely reduced income by reason of the enormous ...
... demand funds of their customers unless some reserve agency of this character is set up to give liquidity to mortgage investments . Life - insurance companies are facing the possibility of largely reduced income by reason of the enormous ...
Page 54
... demands are upon them , they can not make loans- all they can do is take every dollar that comes in there and pay it to these people as fast as they can give to to them . Some of them have been waiting 4 , 6 , or 12 months to get their ...
... demands are upon them , they can not make loans- all they can do is take every dollar that comes in there and pay it to these people as fast as they can give to to them . Some of them have been waiting 4 , 6 , or 12 months to get their ...
Page 56
... demand of those in every other State to do the same thing . And I say this , that the most far - reaching objection to it is that I do not believe you can sell your bonds if your prospective bond- holders understand that in some States ...
... demand of those in every other State to do the same thing . And I say this , that the most far - reaching objection to it is that I do not believe you can sell your bonds if your prospective bond- holders understand that in some States ...
Common terms and phrases
50 per cent amendment amortized amount assets asso bank system BODFISH bonds borrow building and loan CAMPBELL capital Chairman CLARK collateral committee CONGRESS THE LIBRARY CROSSER deposits directors eligible ERMON fact farm loan Federal home loan Federal land bank Federal reserve act Federal reserve system foreclosures FRIEDLANDER funds gentlemen going Government HANCOCK home financing home loan bank home mortgage loans home owner home ownership houses institutions insurance companies investment judgment KARR legislation lend LIBRARY OF CONGRESS loan associations loan bank bill LUCE MACCHESNEY MADDEN ment Monks mutual savings banks MYLANDER Ohio paid payments President purpose question real-estate Reconstruction Finance Corporation rediscount REILLY RINDSFOOS ROQUE ROSENBAUM savings banks Senate hearings situation SMITH statement STICKEL subscribe suggestion supervision testimony thing tion to-day United unpaid principal WILLIAMS
Popular passages
Page 154 - That is not what I am talking about. I am talking about, for example, the Mad River, or the Naugatuck River, which are not navigable.
Page 8 - States and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 8 - Any member appointed to fill a vacancy in the board occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term.
Page 31 - States, and a bill embodying such compromise was presented to the Committee on Banking and Currency of the House of Representatives on...
Page 8 - Such drafts or bills may be acquired by Federal Reserve Banks in such amounts and subject to such regulations, restrictions, and limitations as may be prescribed by the Federal Reserve Board...
Page 8 - Examination, consisting of seven members, one to serve for one year, one for two years, one for three years, one for four years, one for five years, one for six years and one for seven years, and the successors of each for the term of seven years, who shall be physicians in good standing in their profession, representation to be given...
Page 9 - Whoever makes any statement knowing it to be false or whoever willfully overvalues any security for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release or substitution of security therefor, or for the purpose of influencing in any way...
Page 10 - Issued or purporting to have been issued by the corporation, or (4) passes, utters or publishes, or attempts to pass, utter or publish, as true any falsely altered or spurious...
Page 9 - The Corporation shall be entitled to the free use of the United States mails in the same manner as the executive departments of the Government.
Page 23 - The committee will adjourn until 2 o'clock. (Whereupon, at 12.05 o'clock pm, an adjournment was taken until 2 o'clock pm, of the same day.) AFTER RECESS The committee reconvened at 2 o'clock pm, pursuant to the taking of recess.