Annual Report, Volume 14The Agency, 1960 - Housing |
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Common terms and phrases
1-family accounted acquisition allowance for losses Amount Units Amount annual contributions approved areas assets average bonds Certificates of claim construction contracts cost cumulative debentures December 31 default dollars dwelling units elderly estimated existing homes existing-home expenses facilities families Federal Housing Administration FHA-insured fiscal FNMA foreclosure gages HHFA home mortgages Housing and Home housing authorities Housing Insurance Fund housing program Includes income increased insurance reserves insurance written insured under Section investment June 30 Less liabilities low-rent Median ment million monthly mort mortgage amount Mortgage Insurance Fund mortgage notes mortgagors multifamily housing National Housing Act net income new-home nonfarm North Dakota Number Amount outstanding payment percent planning premiums project mortgages property improvement loans public housing Public Law Puerto Rico purchase ratio rental housing Secondary Market Operations Section 203 Table terminations terms of insurance tion Title Total U.S. Treasury Units Amount Units urban renewal
Popular passages
Page x - The Congress hereby declares that the general welfare and security of the Nation and the health and living standards of its people...
Page 147 - Commissioner finds that the property with respect to which the mortgage is executed is an acceptable risk, giving consideration to the need for providing adequate housing for families of low and moderate income particularly in suburban and outlying areas...
Page 257 - ... as a means of retarding or stopping a decline in mortgage lending and home building activities which threatens materially the stability of a high level national economy...
Page 184 - Moneys in the Fund not needed for the current operations of the Federal Housing Administration shall be deposited with the Treasurer of the United States to the credit of the Fund, or invested in bonds or other obligations of, or in bonds or other obligations guaranteed as to principal and interest by, the United States.
Page 179 - Insurance programs are designed to meet the needs of low- and moderate-income families as well as families displaced from urban renewal areas or as a result of governmental action.
Page 166 - Such purchases shall be made at a price which will provide an investment yield of not less than the yield obtainable from other investments authorized by this section. Debentures so purchased shall be canceled and not reissued.
Page 172 - State, by the municipality or other political subdivision in which the facility is located), for the accommodation of convalescents or other persons who are not acutely ill and not in need of hospital care but who require skilled nursing care and related medical services...
Page 312 - EAST NORTH CENTRAL Illinois Indiana Michigan Ohio Wisconsin WEST NORTH CENTRAL Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota...
Page 244 - ... (c) manage and liquidate the existing mortgage portfolio of the Federal National Mortgage Association in an orderly manner, with a minimum of adverse effect upon the home mortgage market and minimum loss to the Federal Government. CREATION OF ASSOCIATION SEC. 302. (a) There is hereby created a body corporate to be known as the "Federal National Mortgage Association" (hereinafter referred to as the "Association"), which shall be a constituent agency of the Housing and Home Finance Agency.
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