Real Estate Settlement Costs, FHA Mortgage Foreclosures, Housing Abandonment, and Site Selection Policies: Hearings, Ninety-second Congress, Second Session, on H.R. 13337 ... February 22 and 24, 1972, Part 1
U.S. Government Printing Office, 1972 - Mortgages - 1324 pages
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abandonment acceptable action additional administrative allowed amount application appraisers areas assistance Association authority banks basis believe buyers central certifications charges closing commitment committee companies comparable Congress considered construction criteria default Department determine Detroit effective escrow established estimated example existing expenses families Federal field offices funds give going Government home buyers housing improved included income increase indicated inner city inspections interest involved land lawyers lenders loan meet ment mortgage mortgagor operating paid payments percent practices problems procedures processing programs projects proposed purchase question real estate reasonable received recommend record referred regulations represent responsibility result risk says Secretary ROMNEY Section 236 settlement costs staff standards statement things tion title insurance units urban Washington
Page 9 - A lawyer should not accept compensation or any thing of value incident to his employment or services from one other than his client without the knowledge and consent of his client after full disclosure.
Page 364 - Federal agency" means any department, agency, corporation, or other entity or instrumentality of the executive branch of the Federal Government, including the United States Postal Service, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation. (6) The term "Federal building...
Page 537 - Nothing in this Act is intended (1) to prohibit or discourage reasonable competition, or (2) to prohibit, or encourage except to the extent necessary to accomplish the aforementioned purpose, uniformity in insurance rates, rating systems, rating plans or practices. This Act shall be liberally interpreted to carry into effect the provisions of this Section.
Page 541 - If the commissioner finds that the applicant is competent, trustworthy and otherwise qualified to act as a rating organization and that its constitution, articles of agreement or association or certificate of incorporation, and its by-laws, rules and regulations governing the conduct of its business...
Page 209 - ... a fair market rental charge determined on the basis of operating the project with payments of principal, interest, and mortgage insurance premium which the mortgagor is obligated to pay under the mortgage covering the project. The rental for each dwelling unit shall be at the basic rental charge or such greater amount, not exceeding the fair market rental charge, as represents 25 per centum of the tenant's income.
Page 541 - Cooperation among rating organizations or among rating organizations and insurers in rate making or in other matters within the scope of this...
Page 527 - ... mineral, oil or timber rights, rights of way, sewer rights, rights in walls, nor by reason of building restrictions, or other restrictive covenants, nor when such real property is subject to lease under which rents or profits are reserved to the owner...
Page 289 - ... the rehabilitation to be carried out by the mortgagor plus its related activities and the activities of other owners of housing in the neighborhood, together with actions to be taken by public authorities, will be of such scope and quality as to give reasonable promise that a stable environment will be created in the neighborhood.