Amending National Housing Act, Hearing Before a Subcommittee of ..., 77-1 on H.R. 4693 ..., June 2, 1941 |
From inside the book
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Page 12
... land clear , because this loan can only be made for the cost of the structure itself , so he has to have his land . There are certain areas where they just prefer to make these loans to title II . Mr. McDONALD . And they only have 10 ...
... land clear , because this loan can only be made for the cost of the structure itself , so he has to have his land . There are certain areas where they just prefer to make these loans to title II . Mr. McDONALD . And they only have 10 ...
Page 18
... land and everything , from $ 2,959 to $ 4,263 , with payments , including every- thing , from $ 21 to $ 30 . And I think that is a saving grace . If any difficulty we got into came several years from now , a man would have a substantial ...
... land and everything , from $ 2,959 to $ 4,263 , with payments , including every- thing , from $ 21 to $ 30 . And I think that is a saving grace . If any difficulty we got into came several years from now , a man would have a substantial ...
Page 25
... land - grant method . We would drain them off and offer them a home . They would go out there and fight for it . But this reclaims old frontiers and gives these many hundreds of thousands of farmers a new hope to go back to those farms ...
... land - grant method . We would drain them off and offer them a home . They would go out there and fight for it . But this reclaims old frontiers and gives these many hundreds of thousands of farmers a new hope to go back to those farms ...
Page 29
... land bank and Federal Farm Commission . I guess they are made together , aren't they ? Mr. BALDWIN . Their reports are made separately . They are sub- mitted to the Government as separate parts of the annual reports of the Farm Credit ...
... land bank and Federal Farm Commission . I guess they are made together , aren't they ? Mr. BALDWIN . Their reports are made separately . They are sub- mitted to the Government as separate parts of the annual reports of the Farm Credit ...
Page 31
... land - bank appraisers ? Mr. BALDWIN . We have not used Federal land - bank appraisers . Many of our appraisers , however , have had experience with Federal land banks . We have also had a good deal of experience working with_the Farm ...
... land - bank appraisers ? Mr. BALDWIN . We have not used Federal land - bank appraisers . Many of our appraisers , however , have had experience with Federal land banks . We have also had a good deal of experience working with_the Farm ...
Common terms and phrases
ABNER H Act is amended ALBEN W amended by inserting amount appraisal approval assignment authorized average BALDWIN Bankhead-Jones Farm Tenant basis bill borrower cash Congress county committee course defaulted payments Deputy Federal Loan determined exceed Farm Credit Administration Farm Tenant Act Federal Housing Administration Federal land bank FEDERAL LOAN ADMINISTRATOR FERGUSON figure finance foreclosed foreclosure gage going Government hereby amended income increase inserting in lieu insured mortgage July lien lieu thereof limit March 31 maturity date McDONALD mittee mort mortgage insurance fund National Housing Act Negroes operation outstanding owner paid percent premium prescribe principal obligation purchase pursuant real estate reason repairs and improvements section 13 sell Senator BANKHEAD chairman Senator BROWN Senator DANAHER Senator LEE Senator RADCLIFFE Senator TAFT SHERIDAN DOWNEY small homes subcommittee tenant farmers thing tion title IA Treasury variable payments
Popular passages
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 2 - ... determined by the Commissioner with the approval of the Secretary of the Treasury, at the time the mortgage was accepted for insurance, but not to exceed 3 per centum per annum...
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.