Housing amendments of 1957

Housing amendments of 1957

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advance commitments may be issued under PNMA special assistance programs this provision, in effect would establish a large direct loan program at a less ... until maturity, freezing the Governmenta#39;s investment in this program and forestalling private enterprise participation therein. ... For the foregoing reasons, we strongly recommend that S. 1633 not be enacted. ... the sale of stock to the Government and by requiring borrowers to purchase stock equal to 5 percent of loans received.

Title:Housing amendments of 1957
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher: - 1957

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