Study of Mortgage Credit, Volumer 22-23
United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Housing
U.S. Government Printing Office, 1959 - 397 sider
Examines problems and developments associated with homebuilding, the housing market, family income, and mortgage financing forecast during next decade.
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amount areas associations average banks believe Board bonds borrower building capital Cash Census chart committee companies construction continue corporate cost course decade demand discount dollars economic effect estimates existing fact factors families farm Federal Reserve field figures financing flow follows forces funds going Government growth higher households housing important improvement income increase individual industry institutions interest interest rates investment labor less living materials mean meet million mortgage mutual O'LEARY operation payments percent period persons premium present problem projections question reason residential residential mortgage result rise savings and loan securities Senator CLARK Senator MUSKIE Senator SPARKMAN shows sources statement substandard suggest supply thing tion types units
Side 335 - Any note, draft, bill of exchange or banker's acceptance which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions...
Side 346 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Side 4 - Director of the Bureau of Business and Economic Research at the University of Maryland, is chairman; Olive I.
Side 340 - System, extend to each member bank such discounts, advancements, and accommodations as may be safely and reasonably made with due regard for the claims and demands of other member banks, the maintenance of sound credit conditions, and the accommodation of commerce, industry, and agriculture.
Side 342 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months
Side 334 - A banker's acceptance within the meaning of this part is a draft or bill of exchange, whether payable in the United States or abroad and whether payable in dollars or some other money, accepted by a bank or trust company or a firm, person, company, or corporation engaged generally in the business of granting bankers
Side 19 - a group of persons living in the same dwelling and related by blood, marriage or adoption, who pool their incomes for their major items of expense.
Side 343 - The discount and rediscount and the purchase and sale by any Federal reserve bank of any bills receivable and of domestic and foreign bills of exchange, and of acceptances authorized by this Act, shall be subject to such restrictions, limitations, and regulations as may be imposed by the Federal Reserve Board.
Side 348 - ... purchase, made by any Federal Reserve bank or by the United States or any department, bureau, board, commission, or establishment of the United States, including any corporation wholly owned directly or indirectly by the United States: Provided, That such guaranties, agreements, or commitments arc unconditional and must be performed by payment of cash or its equivalent within sixty days after demand.