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 |
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Page 2
... foreclosure which he may have against the property and any right to a deficiency judgment against the mortgagor on account of the mortgage . " ( d ) The Secretary shall require the payment of such initial fees for inspec- tion ...
... foreclosure which he may have against the property and any right to a deficiency judgment against the mortgagor on account of the mortgage . " ( d ) The Secretary shall require the payment of such initial fees for inspec- tion ...
Page 5
... foreclosure proceedings shall be instituted on any mortgage if the mortgagor conveys to the Secretary full title to ... foreclosed under subsection ( a ) , the net amount realized from the sale of any such property and in collecting such ...
... foreclosure proceedings shall be instituted on any mortgage if the mortgagor conveys to the Secretary full title to ... foreclosed under subsection ( a ) , the net amount realized from the sale of any such property and in collecting such ...
Page 17
... foreclosure proceeding ? Dr. ALEXANDER . No. Mr. ANDRESEN . The reason I am asking that is this : That during the past 6 years the Federal land banks and the Federal Farm Mort- gage Corporation have foreclosed and taken title to some ...
... foreclosure proceeding ? Dr. ALEXANDER . No. Mr. ANDRESEN . The reason I am asking that is this : That during the past 6 years the Federal land banks and the Federal Farm Mort- gage Corporation have foreclosed and taken title to some ...
Page 18
... foreclosure proceedings . The CHAIRMAN . I have not looked over those particular figures but I have looked over a ... foreclosures . And , they claim that they do not foreclose where the man is doing an honest job , where he is making ...
... foreclosure proceedings . The CHAIRMAN . I have not looked over those particular figures but I have looked over a ... foreclosures . And , they claim that they do not foreclose where the man is doing an honest job , where he is making ...
Page 19
... foreclosures . Mr. CUMMINGS . There has not been a foreclosure of a farm in my district where the farmer paid the interest within a period of 2 years , I think in some instances 5 years . I do not think they have ever foreclosed on any ...
... foreclosures . Mr. CUMMINGS . There has not been a foreclosure of a farm in my district where the farmer paid the interest within a period of 2 years , I think in some instances 5 years . I do not think they have ever foreclosed on any ...
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...