Fees and Charges Schedule Governing Guaranteed Housing Loans ...: Hearings ... June 18 and 19, 19531953 - Всего страниц: 130 |
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Стр. 1383
... mortgages , has moved up more than 2 of 1 percent . Therefore , in our opinion , the 41⁄2 percent rate is now fully ... mortgage discount system which may be authorized is likely to encourage speculators and pro- motors and discourage ...
... mortgages , has moved up more than 2 of 1 percent . Therefore , in our opinion , the 41⁄2 percent rate is now fully ... mortgage discount system which may be authorized is likely to encourage speculators and pro- motors and discourage ...
Стр. 1384
... Mr. Russell , that the builder should have the right after the loan has been closed to discount his mortgage , if he wants to ? Mr. RUSSELL . Mr. Chairman , we do not request 1384 FEES AND CHARGES- -GUARANTEED HOUSING LOANS.
... Mr. Russell , that the builder should have the right after the loan has been closed to discount his mortgage , if he wants to ? Mr. RUSSELL . Mr. Chairman , we do not request 1384 FEES AND CHARGES- -GUARANTEED HOUSING LOANS.
Стр. 1386
... mortgage after the loan has been closed , there just is not any place for him to get money . Mr. RUSSELL . Of course the main reason for that is very natural . The Members of Congress have been hearing from the speculators and from ...
... mortgage after the loan has been closed , there just is not any place for him to get money . Mr. RUSSELL . Of course the main reason for that is very natural . The Members of Congress have been hearing from the speculators and from ...
Стр. 1387
... mortgage applica- tions in process , some with certificates of reasonable value issued , are unable to proceed because no mortgagee will make commitment to accept permanent mortgages . Our plant shut down , 150 employees discharged in ...
... mortgage applica- tions in process , some with certificates of reasonable value issued , are unable to proceed because no mortgagee will make commitment to accept permanent mortgages . Our plant shut down , 150 employees discharged in ...
Стр. 1390
... mortgage money for veteran housing in San Antionio is not available . Quick action is necessary to prevent complete shut Wown of veteran housing . ROLAND BRENER . AMARILLO , TEX . , June 9 , 1953 . Congressman TEAGUE , House of ...
... mortgage money for veteran housing in San Antionio is not available . Quick action is necessary to prevent complete shut Wown of veteran housing . ROLAND BRENER . AMARILLO , TEX . , June 9 , 1953 . Congressman TEAGUE , House of ...
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...