National Housing Act as Amended, and Provisions of Other Laws Pertaining to the Federal Housing Administration

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Էջ 4 - An Act to authorize Federal assistance to States and local governments in major disasters and for other purposes' (Public Law 875, Eightyfirst Congress, approved September 30, 1950), as amended, has determined to be a major disaster.
Էջ 18 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Էջ 17 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Էջ 23 - The power to convey and to execute in the name of the Administrator deeds of conveyance, deeds of release, assignments and satisfactions of mortgages, and any other written instrument relating to real property or any interest therein...
Էջ 29 - Such debentures shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by any Territory, dependency, or possession of the United States or by the District of Columbia, or by any State, county, municipality, or local taxing authority.
Էջ 43 - Treasury, at the time the mortgage was offered for insurance, but not to exceed 3 per centum per annum, payable semiannually on the 1st day of January and the 1st day of July of each year, and shall mature...
Էջ 39 - ... first mortgage" means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State, in which the real estate Is located, together with the credit instruments, If any, secured thereby. (b) The term "mortgagee...
Էջ 30 - Act if the premium therefor or the amount thereof does not exceed $1,000. The power to convey and to execute in the name of the...

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