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THE ROLE OF GOVERNMENT AGENCIES IN CONSUMER
THE MODERNIZATION LOAN INSURANCE PROGRAM 2133
CHARACTERISTICS OF NOTES INSURED 3453
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20 percent reserve 74th Congress amount of note April average number borrower claims paid percentage commercial banks contract length Contracts Purchased cross-classification with reference dealers December 31 delinquent DISTRIBUTION OF NOTES Distribution of Number dollar amount Electric Home Electric Membership Corporation Farm Authority February 28 Federal Housing Administration finance charge fiscal Home and Farm industrial banking companies insurance reserve insured institutions insured loans Insured with FHA January-June 1937 June 30 lending institutions length of contract ment modernization loan insurance monthly income monthly payment notes insured Number of Contracts number of payments outstanding payment as percent payment charge percent down payment percent of monthly percent per annum percentage by amount Percentage Distribution Purchased by EHFA Repossession Experience repossession percentage repossession ratio Table tabulations Tennessee Valley Authority tion type of appliance TYPE OF PROPERTY utilities utilities cooperating volume of notes West South Central