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Long Term Real Estate Loans Under National Housing Act
The article explains loan eligibility for long term financing through banks under the National Housing Act. It details insurance limits, financing charges, and conditions for Title II mortgages on one to four family dwellings. It notes the aim to revive construction by creating a market for long term amortized loans and the role of national mortgage associations and the RFC in supporting bank access to funds.
MENTIONED IN THIS ARTICLE
Banking Department
Federal Housing Administration
Danks
R.F.C
Federal Reserve