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accepted Administrator Agriculture amended amount applicants appraisal approval assignment authorized average BALDWIN bank Bankhead-Jones basis bill borrower carry cash Chairman collected committee Congress course covered debentures default desire determined exceed experience fact farm farm tenants farmers Federal Housing feel FERGUSON figure fund give going Government improvements income increase inserting interest issued July June land less limit loans losses matter maturity means meet mortgage insurance mortgaged property mortgagor obligation operation original outstanding paid passed payments percent period person prescribe present principal probably purchase pursuant question reason receive repair representative require respect Secretary seems sell Senator BANKHEAD Senator Brown Senator DANAHER Senator LEE Senator RADCLIFFE Senator TAFT statement subsection tenant thereof thing tion Treasury United
Page 2 - ... 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 1 - ... 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 2 - ... transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchases of such notes and obligations.
Page 1 - For the purposes of this subsection, the value of the mortgage shall be determined...
Page 1 - ... (e) Any contract of insurance executed by the Secretary under this section shall be conclusive evidence of the eligibility of the mortgage for insurance, and the validity of any contract of insurance so executed shall be incontestable in the hands of an approved mortgagee from the date of the execution of such contract, except for fraud or misrepresentation on the part of such approved mortgagee.