Use of NSLI Investment Funds for Veterans' Mortgage Financing: Hearings Before the Subcommittee on Housing ... 91-1,on H.R. 9476, May 21, 22, 19691969 - 75 pages |
Common terms and phrases
$5 billion action Association of America authorized Avenue BARING bill BLACKMON Board Building Chairman Committee on Veterans cost Dervan direct loan revolving discount DUNCAN economic enactment excess Federal Housing Administration Federal National Mortgage financing for veterans FNMA gage guaranteed home loan guaranteed loans guaranteed under section HENRY HELSTOSKI home mortgage income increase industry insurance companies insurance fund interest rate investment fund investors JOHN legislation limits loan revolving fund loans purchased ment mort Mortgage Bankers Association Mortgage Company mortgage financing mortgage funds mortgage insurance mortgage loans National Mortgage Association national service NORTHUP NSLI Fund OLIN E P. O. Box private lender problem proposed purchase commitments pursuant real estate recommend Region ROYBAL Service Life Insurance servicing fee SEYMOUR HALPERN SHIRLEY CHISHOLM single family STAFF DIRECTOR statement Street subcommittee subsection tion title 38 trust fund U.S. Government VA loans Vice President W. J. BRYAN DORN yield
Popular passages
Page 1729 - Treasury is hereby authorized to invest and reinvest such fund, or any part thereof, in interest-bearing obligations of the United States or in obligations guaranteed as to principal and interest by the United States, and to sell such obligations for the purposes of such fund.
Page 1781 - Peat, Marwick, Mitchell & Co. 70 Pine Street New York, New York 10005 Board of Governors Consists of the officers, past presidents, members elected at large, regional vice presidents and associate governors.
Page 1729 - Fund be invested in obligations of the United States or in obligations guaranteed as to principal and interest by the United States. In order to assure the same investment criteria for amounts transferred under subsection 720(c) (as added by section 3 of the bill), the following sentence should be added to line...
Page 1749 - There is hereby established a commission to study mortgage interest rates and to make recommendations to assure the availability of an adequate supply of mortgage credit at a reasonable cost to the consumer...
Page 1778 - Mortgage banking firms, which make up the largest portion of the total membership, engage directly in originating, financing, selling, and servicing real estate investment portfolios.
Page 1722 - Administrator's com18 mitment; 1 "(2) it has not charged or collected from and will not charge or collect from the seller or builder of the property, or from any third person or entity, directly or indirectly, any discount (points) in excess of the difference between the face amount of the loan and the price specified...
Page 1783 - Bank of America, National Trust and Savings Association 300 Montgomery Street San Francisco, California 94104 Oliver M.
Page 1724 - ... (C) The Secretary of the Treasury is authorized and directed to transfer to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, or the Federal Hospital Insurance Trust Fund from the Retirement Account or to the Retirement Account from the Federal...
Page 1750 - Thank you so much for giving us the opportunity to express our views on this most important matter.
Page 1728 - ( 1 ) he is a satisfactory credit risk ; "(2) the payments to be required under the proposed loan bear a proper relation to his present and anticipated income and expenses ; "(3) he is unable to obtain from a private lender in such housing credit shortage area, at an interest rate not in excess of the rate authorized for guaranteed home loans, a loan for such purpose for which he is qualified...