Housing Legislation of 1960: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-sixth Congress, Second Session, on Various Bills to Amend the Federal Housing Laws

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U.S. Government Printing Office, 1960 - 1041 Seiten
Considers S. 467 and related bills, to extend Federal housing aid programs.
 

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Seite 30 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Seite 105 - mortgage" means a first mortgage on real estate, in fee simple, or on a leasehold (1) under a lease for not less than ninetynine years which is renewable; or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was •executed; and the term "first mortgage...
Seite 38 - ... (b) The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to...
Seite 54 - ... interest-bearing obligations of the United States then forming a part of the public debt; except that where such average rate is not a multiple of one-eighth of 1 per centum...
Seite 7 - In the performance of, and with respect to, the functions, powers, and duties...
Seite 30 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury...
Seite 71 - The said Secretary shall cause a seal of office to be made for the said department of such device as the President shall approve and judicial notice shall be taken of the said seal.
Seite 24 - ... of that portion of the cost of the project or undertaking supplied by other sources, and such other records as will facilitate an effective audit.
Seite 101 - Act is amended by inserting immediately before the period at the end thereof the following : "or as grazing land".
Seite 137 - Association for mortgages purchased in its secondary market operations under this section, should be established, from time to time, within the range of market prices for the particular class of mortgages involved, as determined by the association.

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