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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 21, 1938
Page
14
FHA farm financing offers funds to build a poultry house under private lenders or insured mortgages. Site choice matters. prefer a sloping light soil site away from crowded buildings. Insulate hennery to guard against cold and predators with solid foundation and durable floor.
The safety of insured mortgages depends on multiple links in a risk chain. FHA insures loans through four separate evaluations: the strength of the security, site location, borrower repayment ability, and an overall risk review, with each step handled by trained specialists to reduce judgment errors.
Henri Lory, a Paris taxi driver, and a friend developed devices that convert anthracite coal, charcoal, or even green wood into suitable fuel for his car.
FHA officials warn against over-appraisal and relaxing lending standards in the current healthy mortgage market. They caution that aggressive competition must not undermine sound policies, and stress maintaining borrower earning capacity and debt relationships in home financing.
The Federal Housing Administration released its definition of occupant under the National Housing Act clarifying that owner and occupant does not include an operative builder who moves in merely to qualify for mortgage insurance and that the mortgagor must meet substantial ownership and occupancy expectations beyond empty possession.
The Federal Housing Administration expands land planning services across zones with trained consultants in every region. Over two months 174 subdivisions were inspected, and 113 rental housing projects received site and plan reviews. The program aims to lower mortgage risks and boost home marketability to stimulate construction.
In every U S community banks savings and loan associations and other approved lenders provide funds to buy or build homes under the amended act. More than four thousand five hundred institutions including banks savings and loan associations installment lenders finance companies have signed FHA insurance contracts and offer property improvement loans under Title I of the National Housing Act.
A series of practical answers on household fix-its. Topics include expansion tanks and radiator flow, substituting plate glass in small panes, bracing an unsupported chimney, stopping cold-water pipe drips with fiber covering, choosing stain over paint on shingles, calcimine removal before painting, and minimal dimensions for a dining alcove.
The report highlights that motor fatalities have increased since 19 in the United States, noting a troubling trend across years and regions with impact on public safety policies and health statistics.
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