Fees and Charges Schedule Governing Guaranteed Housing Loans ...: Hearings ... June 18 and 19, 19531953 - Всего страниц: 130 |
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Стр. 1381
... GUARANTEED HOUSING LOANS THURSDAY , JUNE 18 , 1953 HOUSE OF REPRESENTATIVES , SUBCOMMITTEE ON HOUSING OF THE COMMITTEE ON VETERANS ' AFFAIRS , * Washington , D. C. The committee met at 10 a . m . , Hon . William H. Ayres ( subcom ...
... GUARANTEED HOUSING LOANS THURSDAY , JUNE 18 , 1953 HOUSE OF REPRESENTATIVES , SUBCOMMITTEE ON HOUSING OF THE COMMITTEE ON VETERANS ' AFFAIRS , * Washington , D. C. The committee met at 10 a . m . , Hon . William H. Ayres ( subcom ...
Стр. 1383
... guaranteed loan is largely a " no risk " loan and therefore the 41⁄2 percent rate is justified . Second , as to initial charges and discounts : Savings and loan people almost altogether make and hold home mortgages . They do not to any ...
... guaranteed loan is largely a " no risk " loan and therefore the 41⁄2 percent rate is justified . Second , as to initial charges and discounts : Savings and loan people almost altogether make and hold home mortgages . They do not to any ...
Стр. 1385
... guaranteed or insured loans at any price they want to . I do not represent builders . The lenders , any lender , may sell any GI loan at any price the lender wants to in the present market . The regulation goes no further than to say ...
... guaranteed or insured loans at any price they want to . I do not represent builders . The lenders , any lender , may sell any GI loan at any price the lender wants to in the present market . The regulation goes no further than to say ...
Стр. 1386
... savings down , and they are now able to make these loans at 41⁄2 percent because they are not paying but about 2 or 21⁄2 percent for their money , whereas the big institutions 1386 FEES AND CHARGES GUARANTEED HOUSING LOANS.
... savings down , and they are now able to make these loans at 41⁄2 percent because they are not paying but about 2 or 21⁄2 percent for their money , whereas the big institutions 1386 FEES AND CHARGES GUARANTEED HOUSING LOANS.
Часто встречающиеся слова и выражения
18 order 4½ percent Administration AMARILLO appraisal requests Association of Home AYRES banks BONIN borrowers builder's certification certificate of reasonable Chairman committee Congress Congressman conventional loans cost discount practice discount system EDMONDSON Federal fees and charges FHA loans financing funds GI loans going Government bonds guaranteed or insured home loans House of Representatives increase interest rate investment investors issued June 18 June 9 KING lenders lending institutions loan associations Loan Guaranty Loan League MAILLIARD master certificate million money market months MORRISON mortgage bankers Mortgage Bankers Association NEEL president problem reasonable value regulation Representative TEAGUE Representatives Office Building rescinded rules RUSSELL savings and loan savings associations schedule SCULLY section 504 sell seller Servicemen's Readjustment Act situation SLIPHER SPIEGEL statement testimony Texas thing tion TURBOW United States Savings VA loans value or master veteran housing warehousing Washington
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Стр. 1436 - With respect to housing built or sold with assistance provided under the National Housing Act, as amended, or title III of the Servicemen's Readjustment Act of 1944, as amended, the Federal Housing Commissioner and the Administrator of Veterans...
Стр. 1478 - Affairs, respectively, are hereby specifically authorized and directed to issue such regulations, applicable uniformly to all classes of mortgagees, as they determine desirable for the, purpose of limiting the charges and fees imposed upon the builder, veteran, or other purchaser in connection with the financing of the construction or sale of such housing, whether or not such...
Стр. 1436 - SEC. 504. With respect to housing built or sold with assistance provided under the National Housing Act, as amended, or title III of the Servicemen's Readjustment Act of 1944, as amended, the Federal Housing Commissioner and the Administrator of Veterans...
Стр. 1473 - ... addition to the lender's certification that he had not charged the builder, seller, or veteran excessive or unauthorized charges, VA required the builder to certify that in connection with the financing of the construction and sale of his units he had not paid or absorbed and would not pay or absorb any charges or fees in excess of or in addition to those expressly authorized by the approved fee schedule. In connection with such certification the builder was required to acknowledge that he understood...
Стр. 1480 - Without objection it is so ordered. (The matter referred to is as follows:) VETERANS REGULATION No.
Стр. 1486 - ... or absorption by, the builder or other seller of any cost in addition to or in excess of those expressly authorized by the schedule. In addition to the lender's certification that he had not charged the builder, seller, or veteran excessive or unauthorized charges, VA required the builder to certify that in connection with the financing of the construction and sale of his units he had not paid or absorbed and would not pay or absorb any charges or fees in excess of or in addition to those expressly...
Стр. 1504 - Whenever the insured mortgage is transferred to another approved mortgagee for the purposes of collateral only, no notice need be given to the Commissioner until such collateral is foreclosed,, but the transferor shall remain subject to all the obligations of the contract of insurance.
Стр. 1388 - Senator HAYDEN. If I may interrupt for a moment, I have a large number of letters and telegrams about the Central Valley project. I will not ask that they all be included in the record, but I will ask that a few of the group received be included in the record at this point.
Стр. 1486 - The provisions of section 1001 of title 18 of the United States Code shall apply to any application, statement, document, or information presented to the Commission under this Act.
Стр. 1473 - ... 4% percent In connection with such increase and in an effort to curb the practices referred to in (2) and (3) of the preceding paragraph, VA amended its fee schedules and certifications, effective May 18, 1953. The new fee schedule specifically barred any arrangement or agreement which would result directly or indirectly in the imposition upon, or absorption by, the builder or other seller of any cost in addition to or in excess of those expressly authorized by the schedule. In addition to the...