Use of NSLI Investment Funds for Veterans' Mortgage Financing: Hearings, Ninety-first Congress, First Session, on H.R. 9476. May 21 and 22, 1969

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Considers H.R. 9467, to use National Service Life Insurance funds to underwrite first mortgage loans for veterans.
 

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Page 1728 - Treasury is hereby authorized to invest and reinvest such fund, or any part thereof, in interest-bearing obligations of the United States or in obligations guaranteed as to principal and interest by the United States, and to sell such obligations for the purposes of such fund.
Page 1766 - ... State-supervised institutions have been customarily limited. 19. That mortgage investment by out-of-State financial institutions, including pension funds and trusts, be facilitated by providing that the making of mortgage loans, the pursuit of remedies under foreclosure proceedings, and the holding, or selling of property as the result of foreclosure, do not constitute doing business in the State under the meaning of statutes relating to foreign corporations.
Page 1748 - There is hereby established a commission to study mortgage interest rates and to make recommendations to assure the availability of an adequate supply of mortgage credit at a reasonable cost to the consumer...
Page 1777 - Mortgage banking firms, which make up the largest portion of the total membership, engage directly in originating, financing, selling, and servicing real estate investment portfolios.
Page 1723 - ... (C) The Secretary of the Treasury is authorized and directed to transfer to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, or the Federal Hospital Insurance Trust Fund from the Retirement Account or to the Retirement Account from the Federal...
Page 1791 - Termination of the authorization to deduct insurance premiums from compensation, retirement pay, or pension. Deduction of insurance premiums on National Service life insurance shall cease and the authorization shall terminate if the disability compensation, death...
Page 1733 - JAN FEB MAR APR MAY JUN JUL AUO SEP OCT NOV DEC JAN FEB MA FLOOR DAMAGED BY HE BOMBS FLOOR DAMAGED BY I'CEN.
Page 1729 - We won't have the time to hear you now. Mr. SLOAN. I have some important matters which have not been called to your attention, and it is my duty to do that, if I can. The CHAIRMAN. Mr. Sheppard. Mr.
Page 1736 - States made explicit its purpose to provide "a decent home and a suitable living environment for every American family.
Page 1722 - Administrator shall notify the Secretary of the Treasury as to the amount of funds necessary to...

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