Catalog of Federal Loan Guarantee Programs |
From inside the book
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Page x
... market either will not finance or will not finance on “ reasonable ” terms . The role of loan guarantees in these cases is to intervene in the private market decision process . The intervention brought about by loan guar- antees is ...
... market either will not finance or will not finance on “ reasonable ” terms . The role of loan guarantees in these cases is to intervene in the private market decision process . The intervention brought about by loan guar- antees is ...
Page xv
... guarantees The marketing of guarantees describes how and if the lending in- stitution liquidates its portfolio and who supervises the collection of money from the borrower to be applied to reduction of the outstand- ing balance of the ...
... guarantees The marketing of guarantees describes how and if the lending in- stitution liquidates its portfolio and who supervises the collection of money from the borrower to be applied to reduction of the outstand- ing balance of the ...
Page 2
... Marketing of guarantees Certificates of Beneficial Ownership are sold to the Federal Financ- ing Bank . 1. Purpose BUSINESS AND INDUSTRIAL LOANS ( guaranteed ) The program's purpose is to permit rural residents to acquire small business ...
... Marketing of guarantees Certificates of Beneficial Ownership are sold to the Federal Financ- ing Bank . 1. Purpose BUSINESS AND INDUSTRIAL LOANS ( guaranteed ) The program's purpose is to permit rural residents to acquire small business ...
Page 4
... Marketing of guarantees $ 25 , 214 , 000 47 , 484 , 000 75 , 547 , 000 $ 82 , 008 , 000 50 , 000 , 000 109 , 000 , 000 Guaranteed notes are traded by lenders on the secondary market . Banks supervise the servicing of loans . 1. Purpose ...
... Marketing of guarantees $ 25 , 214 , 000 47 , 484 , 000 75 , 547 , 000 $ 82 , 008 , 000 50 , 000 , 000 109 , 000 , 000 Guaranteed notes are traded by lenders on the secondary market . Banks supervise the servicing of loans . 1. Purpose ...
Page 6
... Marketing of guarantees Pools of insured loans are sold to the Federal Financing Bank as Certificates of Beneficial Ownership . COMMUNITY FACILITIES LOANS ( guaranteed , not implemented ) 1. Purpose This program is authorized under the ...
... Marketing of guarantees Pools of insured loans are sold to the Federal Financing Bank as Certificates of Beneficial Ownership . COMMUNITY FACILITIES LOANS ( guaranteed , not implemented ) 1. Purpose This program is authorized under the ...
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Common terms and phrases
90 percent Account citations OMB administrative expenses Administrative aid Insured loans Amtrak Appropriations for last authorization Public Law-P.L. average loan term Code of Federal Committee House Committee Committee on Banking credit aid Insured end of December event of default Eximbank expenses Administrative expenses expenses are paid Extent of U.S. Farmers Home Administration Federal Housing Administration Fiscal FNMA form The instrument Funding of administrative GNMA Guarantee fees guaranteed The maximum Housing and Urban Instrument form Interest rates Interest Limits on program Loan security Loan loan to value loans guaranteed Marketing of guarantees maximum loan term Means of payment Mortgage Association FNMA mortgage insurance National Housing Act National Mortgage Association Outlays for last payment in event program activity Proof of need Purpose The purpose rates Interest rates readily available security Loan security Senate Committee September 30 Statutory authorization Public term The maximum Treasury Type of credit U.S. liability Urban Affairs Urban Development
Popular passages
Page 211 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 135 - Act of 1949, as amended, which plan conforms to definite local objectives respecting appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities and other public improvements, and there exists the necessary authority and financial capacity to insure completion of such urban renewal plan.
Page 301 - Treasury which shall be not more than the higher of (1) 2% per centum per annum, or (2) the average annual interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the issuance by the Commissioner and adjusted to the nearest one-eighth of 1 per centum.
Page 135 - Commissioner that such plan conforms to a general plan for the locality as a whole and that there exist the necessary authority and financial capacity to assure the completion of such redevelopment or urban renewal plan...
Page 83 - ... performance of any contract or other operation deemed by the guaranteeing agency to be necessary to expedite production and deliveries or services under Government contracts for the procurement of materiaJs or the performance of services for the national defense...
Page 42 - Loans under this section and section 5 shall not be made unless the Administrator finds and certifies that in his judgment the security therefor is reasonably adequate and such loan will be repaid within the time agreed.
Page 42 - rural area" shall be deemed to mean any area of the United States not included within the boundaries of any city, village, or borough having a population in excess of fifteen hundred inhabitants, and such term shall be deemed to include both the farm and nonfarm population thereof ; the term "farm...
Page 42 - States, and shall be incontestable except for fraud or misrepresentation of which the holder had actual knowledge at the time it became a holder.
Page 323 - To assist veterans, certain service personnel, and certain unmarried surviving spouses of veterans, in obtaining credit for the purchase, construction or improvement of homes on more liberal terms than are generally available to non-veterans. TYPES OF ASSISTANCE: Guaranteed/Insured Loans.
Page 3 - The proposed collateral for a loan must be of such a nature that, when considered with the integrity and ability of the management, and the applicant's past and prospective earnings, repayment of the loan will be reasonably assured.