Home Owners' Loan Act, Hearings Before a Subcommittee of ..., 73-1 on S. 1317 ..., April 20 and 22, 19331933 - 140 pages |
From inside the book
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Page 7
... counties in the United States there is no kind of an institution providing funds to finance homes . The banks which used to render this serv- ice are either out of business or have entirely , and apparently per- manently , discontinued ...
... counties in the United States there is no kind of an institution providing funds to finance homes . The banks which used to render this serv- ice are either out of business or have entirely , and apparently per- manently , discontinued ...
Page 8
... counties . Therefore section 5 of this act provides for Fed- eral savings and loan associations as local mutual thrift and home financing institutions in these communities . Each such association would be an entirely separate unit ...
... counties . Therefore section 5 of this act provides for Fed- eral savings and loan associations as local mutual thrift and home financing institutions in these communities . Each such association would be an entirely separate unit ...
Page 9
... counties ; yes , sir . Senator COUZENS . How many counties in Georgia altogether ? Mr. RUSSELL . One hundred and fifty - nine . These associations , of course , could borrow money on their mort- gages from a Federal home - loan bank ...
... counties ; yes , sir . Senator COUZENS . How many counties in Georgia altogether ? Mr. RUSSELL . One hundred and fifty - nine . These associations , of course , could borrow money on their mort- gages from a Federal home - loan bank ...
Page 18
... counties in which there are no home financing institutions . Senator BULKLEY . All right ; they will be inserted . ( The matter submitted by Mr. Russell is here printed in full as follows :) Total number of counties in each Federal home ...
... counties in which there are no home financing institutions . Senator BULKLEY . All right ; they will be inserted . ( The matter submitted by Mr. Russell is here printed in full as follows :) Total number of counties in each Federal home ...
Page 19
United States. Congress. Senate. Banking and Currency Committee. Total number of counties in each Federal home - loan bank district and number and percent of counties without eligible1 home - financing institutions United States ...
United States. Congress. Senate. Banking and Currency Committee. Total number of counties in each Federal home - loan bank district and number and percent of counties without eligible1 home - financing institutions United States ...
Common terms and phrases
33 Liberty Street 80 percent Act as amended amortization amount apply appraisal authorized BARKLEY bill bonds building and loan capital cash census centum chairman cities committee counties currency debentures deposits discount distress district eligible equity exceed Federal Home Federal home-loan bank Federal mortgage bank Federal Reserve feel foreclosure funds gages Government guarantee HENNESSY home financing Home Mortgage Advisory home owners institutions interest rate invested issued legislation Loan Act loan associations Loan Bank Act Lorain County McAvoy million moratorium mort Mortgage Advisory Board mortgage bank system mortgage loans mortgagor municipalities nonsubscriber borrower obligations organization payments percentage President principal proposed rate of interest real estate Reconstruction Finance Corporation relief RUSSELL SCHMIDT Senator BULKLEY Senator COUZENS Senator McADOO Senator TOWNSEND small home taxes thereof tion Treasury United United States Senate WOODHOUSE
Popular passages
Page 4 - ... makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or...
Page 117 - ... 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 109 - ... means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby.
Page 2 - 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...
Page 3 - In order to provide local mutual thrift institutions in which people may invest their funds and in order to provide for the financing of homes, the Board is authorized, under such rules and regulations as it may prescribe, to provide for the organization, incorporation, examination, operation, and regulation of associations to be known as 'Federal Savings and Loan Associations...
Page 5 - ... or (2) passes, utters or publishes, or attempts to pass, utter or publish, any false, forged or counterfeited...
Page 117 - 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 5 - The provisions of sections 112, 113, 114, 115, 116, and 117 of the Criminal Code of the United States (USC, title 18, ch.
Page 120 - 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 112 - Board shall annually make a full report of its operations to the Speaker of the House of Representatives, who shall cause the same to be printed for the information of the Congress.