Loan Guarantees and the Federal Financing Bank: Hearings Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, First Session, on H.R. 7918 ... July 19 and September 15, 1977 |
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Page 8
... problems . Nevertheless , we believe that loan objectives , when prop- erly used , can sometimes accomplish program objectives more efficiently than direct loans or direct subsidies and should be retained as a policy option ...
... problems . Nevertheless , we believe that loan objectives , when prop- erly used , can sometimes accomplish program objectives more efficiently than direct loans or direct subsidies and should be retained as a policy option ...
Page 12
... conditions upon which they entered the market to borrow . These still did not get to one of the root problems which was that a small agency borrowing in the marketplace on its own is simply not as well known to the marketplace 12.
... conditions upon which they entered the market to borrow . These still did not get to one of the root problems which was that a small agency borrowing in the marketplace on its own is simply not as well known to the marketplace 12.
Page 13
... problem that the FHA was created to solve . The FHA was created to solve the problem that people could not get mort- gages that had any sort of a term to them . They had the 5 - year balloon payment mortgage . That tended to disrupt ...
... problem that the FHA was created to solve . The FHA was created to solve the problem that people could not get mort- gages that had any sort of a term to them . They had the 5 - year balloon payment mortgage . That tended to disrupt ...
Page 14
... problem . I am not so sure that you have — and I know I don't feel that I have — the complete solution to the problem . I do think by putting the FFB on - budget we are taking a big step in the right direction , but I don't think it is ...
... problem . I am not so sure that you have — and I know I don't feel that I have — the complete solution to the problem . I do think by putting the FFB on - budget we are taking a big step in the right direction , but I don't think it is ...
Page 15
... problem , as it may then discourage the proper use of the guarantee for the loan and encourage other avenues . Mr. HAVENS . Well , let me clarify , if I may , what I was speaking to . I do believe that the budget process should be as ...
... problem , as it may then discourage the proper use of the guarantee for the loan and encourage other avenues . Mr. HAVENS . Well , let me clarify , if I may , what I was speaking to . I do believe that the budget process should be as ...
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Common terms and phrases
1976 in thousands activity agency borrowing agency debt allocation ALTMAN amount Amtrak average maturity Bank's BARNARD bill budget concepts budget totals budget treatment budgetary CBOS ceilings Chairman commercial banks commitments Congress cost credit restraint CUTTER debt management direct loans effect estimated Farmers Home Administration Federal agencies Federal credit assistance Federal debt Federal Financing Bank Federal Government Federal guarantee Federal Reserve Board FFB holdings FFB purchases FFB-induced increases Financing Bank Act fiscal year 1976 funds guaranteed loans guaranteed obligations Guarantor HAVENS included interest rates issue June 30 legislation lenders lending loan expansion loan guarantee programs Loan Program maturity structure MCKINNEY million monetary policy MOORHEAD off-budget agencies outlays outstanding percent problem risk Rural Electrification Rural Electrification Administration Secretary short-term Small Business sold subcommittee Subtotal Tennessee Valley Authority Title XI transactions transition quarter Treasury debt Treasury securities U.S. Government U.S. Postal Service VENTO