Home Owners' Loan Act: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-third Congress, First Session, on S. 1317 |
From inside the book
Results 6-10 of 57
Page 21
... amount to $ 3,586.85 which is less than 54 percent of the value of the house . Senator COUZENS . You mean of the sale price of the house ? Mr. LORD . Of the sale price of the house , Senator . I do not think that has depreciated very ...
... amount to $ 3,586.85 which is less than 54 percent of the value of the house . Senator COUZENS . You mean of the sale price of the house ? Mr. LORD . Of the sale price of the house , Senator . I do not think that has depreciated very ...
Page 22
... amount of face value of bonds and accrued interest accepted by the mortgagee is less than the amount of the unpaid obligation of the mortgagor to the mortgagee , the corporation shall credit the difference between such amounts to the ...
... amount of face value of bonds and accrued interest accepted by the mortgagee is less than the amount of the unpaid obligation of the mortgagor to the mortgagee , the corporation shall credit the difference between such amounts to the ...
Page 24
... . You are just going to change the percentage so you could get the same amount of money . Mr. McAvoy . No. That is not the basis of working it out . Senator BULKLEY . Can you make a little more clear 24 HOME OWNERS ' LOAN ACT.
... . You are just going to change the percentage so you could get the same amount of money . Mr. McAvoy . No. That is not the basis of working it out . Senator BULKLEY . Can you make a little more clear 24 HOME OWNERS ' LOAN ACT.
Page 25
... amount to be deducted ? Perhaps that will clear the situation up . Mr. McAvoy . It is partially arrived at by the cost of reproduction properly weighed in relation to the existing facts . Senator TOWNSEND . The cost of reproduction now ...
... amount to be deducted ? Perhaps that will clear the situation up . Mr. McAvoy . It is partially arrived at by the cost of reproduction properly weighed in relation to the existing facts . Senator TOWNSEND . The cost of reproduction now ...
Page 26
... amount , isn't it ? Senator TOWNSEND . Yes ; or less . Mr. McAvoy . How do you arrive at that ? Senator TOWNSEND . This way : You said the difference in cost now would be about 40 percent . Mr. McAvoy . I was talking of building ...
... amount , isn't it ? Senator TOWNSEND . Yes ; or less . Mr. McAvoy . How do you arrive at that ? Senator TOWNSEND . This way : You said the difference in cost now would be about 40 percent . Mr. McAvoy . I was talking of building ...
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 HENNESSY home financing Home Mortgage Advisory home owners institutions interest rate invested issued legislation Loan Act loan associations Loan Bank Act loan corporation 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 require RUSSELL SCHMIDT Senator BULKLEY Senator COUZENS Senator MCADOO Senator TOWNSEND small home taxes thereof tion Treasury United United States Senate
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 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 2 - Any and all notes, debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation...
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 111 - 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 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.