Fees and Charges Schedule Governing Guaranteed Housing Loans ...: Hearings ... June 18 and 19, 19531953 - Всего страниц: 130 |
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Стр. 1383
... opinion , the 41⁄2 percent rate is now fully justified . Stated another way , the pres- ent prevailing rate on " no risk ” home mortgages is 41⁄2 percent to 5 percent , and the veterans ' guaranteed loan is largely a " no risk " loan ...
... opinion , the 41⁄2 percent rate is now fully justified . Stated another way , the pres- ent prevailing rate on " no risk ” home mortgages is 41⁄2 percent to 5 percent , and the veterans ' guaranteed loan is largely a " no risk " loan ...
Стр. 1384
... opinion . If we can be of assistance to this subcommittee , or your committee or the Congress or the Administrator of Veterans ' Affairs , we will be at your service . Mr. TEAGUE . Would you read again the next to the last para- graph ...
... opinion . If we can be of assistance to this subcommittee , or your committee or the Congress or the Administrator of Veterans ' Affairs , we will be at your service . Mr. TEAGUE . Would you read again the next to the last para- graph ...
Стр. 1385
... opinion that the Congress should in some way protect the veteran from a 12 - percent discount . It seems to me that is getting a little rough . But 2 percent or 21⁄2 percent , if the builder wants to absorb some of that , perhaps we ...
... opinion that the Congress should in some way protect the veteran from a 12 - percent discount . It seems to me that is getting a little rough . But 2 percent or 21⁄2 percent , if the builder wants to absorb some of that , perhaps we ...
Стр. 1386
... opinion . Mr. TEAGUE . And completely cut out discount ? Mr. RUSSELL . It would be all right to completely cut out discounts , although I think that question could reasonably be left to the com- petitive market . Mr. AYRES . Is your ...
... opinion . Mr. TEAGUE . And completely cut out discount ? Mr. RUSSELL . It would be all right to completely cut out discounts , although I think that question could reasonably be left to the com- petitive market . Mr. AYRES . Is your ...
Стр. 1396
... opinion that the GI loan volume in their respective bailiwicks would increase over the next 60 or 90 days . Mr. TEAGUE . Specifically , will you check with the loan guaranty officer in Houston and Waco before you appear here and see ...
... opinion that the GI loan volume in their respective bailiwicks would increase over the next 60 or 90 days . Mr. TEAGUE . Specifically , will you check with the loan guaranty officer in Houston and Waco before you appear here and see ...
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...