Amending the Bankhead-Jones Farm Tenant Act, Hearing Before ..., 76-3 on S. 1836 (H.R. 6768) ..., January 24 ... 30, 1940, Parts 18-221940 - 102 pages |
From inside the book
Results 1-5 of 39
Page 3
... borrowers and on the security of farms certified by the County Committee . Such loans may be made with interim debentures issued under this section or with the proceeds of such debentures . Such debentures shall have the same incidents ...
... borrowers and on the security of farms certified by the County Committee . Such loans may be made with interim debentures issued under this section or with the proceeds of such debentures . Such debentures shall have the same incidents ...
Page 6
... BORROWERS ELIGIBLE UNDER TITLE I SEC . 3. Section 3 of such Act is amended by inserting after subsection ( d ) the following new subsection : " ( e ) Mortgagors whose mortgages are insured under title IA may be granted loans under this ...
... BORROWERS ELIGIBLE UNDER TITLE I SEC . 3. Section 3 of such Act is amended by inserting after subsection ( d ) the following new subsection : " ( e ) Mortgagors whose mortgages are insured under title IA may be granted loans under this ...
Page 7
... borrower successfully to operate the farm , and that the borrower cannot obtain credit for such refinancing from any other Federal agency or federally incorporated lending institution . Such loans shall comply with , and be subject to ...
... borrower successfully to operate the farm , and that the borrower cannot obtain credit for such refinancing from any other Federal agency or federally incorporated lending institution . Such loans shall comply with , and be subject to ...
Page 8
... borrower has received a grant since certification of his loan . ) Mr. MURRAY . I would like to have that . Mr. ANDRESEN . The first payments that come due are payments of interest and not principal and interest ? Dr. ALEXANDER ...
... borrower has received a grant since certification of his loan . ) Mr. MURRAY . I would like to have that . Mr. ANDRESEN . The first payments that come due are payments of interest and not principal and interest ? Dr. ALEXANDER ...
Page 17
... borrowers to refinance existing mortgages . I think that was put in a little different way by Senator Austin , of Vermont , in the Senate bill . We shall have to broaden that a little , to put the direct authority in the act ; although ...
... borrowers to refinance existing mortgages . I think that was put in a little different way by Senator Austin , of Vermont , in the Senate bill . We shall have to broaden that a little , to put the direct authority in the act ; although ...
Common terms and phrases
100 percent able acres agencies ALEXANDER AMEND BANKHEAD-JONES FARM amount ANDRESEN appropriation average BALDWIN BANKHEAD-JONES FARM TENANT basis bill borrower buildings buy farms CHAIRMAN COFFEE COOLEY cooperatives cost county committee course crop Danish debentures issued deficiency judgment delinquent Denmark district eligible Farm Credit Farm Credit Administration farm population Farm Security Administration Farm Tenant Act farm-tenant farmers Federal Government Federal Housing Federal Housing Administration Federal land banks FERGUSON financing FLANNAGAN foreclose foreclosure FULMER fund gage GILCHRIST going insured mortgage interest rate interim debentures KLEBERG LEMKE lender lien limitation losses Marvin Jones ments Minnesota mort mortgaged property mortgages insured mortgagor MURRAY O'BRIEN one-fourth OPPENHEIMER owners PACE paid percentage premium charges principal obligation problem provision question rate of interest rehabilitation require Secretary of Agriculture section 12 sell statement subsection taxes thing tion Treasury variable payments words
Popular passages
Page 5 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 5 - 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 4 - Secretary of — (1) all rights and interests arising under the mortgage so in default; (2) all claims of the mortgagee against the mortgagor or others, arising out of the mortgage transaction...
Page 5 - ... and by deducting from such total amount any amount received on account of the mortgage after either of such dates, and any amount received as rent or other income from the property, less reasonable expenses incurred in handling the property, after either of such dates: Provided, That with respect to mortgages which are...
Page 4 - The Secretary of the Treasury, in his discretion, is authorized to purchase any bonds of the corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty...
Page 3 - MORTGAGE INSURANCE FUND SEC. 202. There is hereby created a Mutual Mortgage Insurance Fund (hereinafter referred to as the "Fund"), which shall be used by the Secretary as a revolving fund for carrying out the provisions of this title with respect to mortgages insured under section 203 as hereinafter provided, and there shall be allocated immediately to such Fund the sum of $10,000,000 out of funds made available to' the Secretary for the purposes of this title.
Page 5 - For the purposes of this subsection, the value of the mortgage shall be determined...
Page 5 - ... (c) Debentures issued under this section shall be in such form and denominations in multiples of $50, shall be subject to such terms and conditions, and shall include such provisions for redemption, if any, as may be prescribed by the Secretary with the approval of the Secretary of the Treasury, and may be in coupon or registered form. Any difference between the...
Page 5 - Treasury, at the time the mortgage was offered for insurance, but not to exceed 3 per centum per annum, payable semiannually on the 1st day of January and the 1st day of July of each year, and shall mature...
Page 5 - Commissioner, by adding to the amount of the original principal obligation of the mortgage which was unpaid on the date of the institution of foreclosure proceedings, or...