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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 10, 1940

Page

10

Building a Home Is The American Way This Spring

The piece lauds American homeownership with easy to obtain financing and low rates. It urges readers to plan and build using an architect, building materials dealer, contractor, or Realtor to turn dreams into a modern, affordable home and to experience happiness behind their own front door.

America

FHA Expansion Reported In All Sections

Federal Housing Administration data show broad gains in 1940 across the nation in new home financing and FHA insured property improvement loans. New-home mortgages accepted for insurance rose 27 percent in number and 25 percent in amount, led by California, with Washington and several states posting double digit increases.

United States Federal Housing Administration Stewart McDonald McDonald District of Columbia FHA Alaska Washington Ohio Indiana South Carolina Iowa Louisiana California Michigan Texas Pennsylvania Tllinais New Jersey Florida Puerto Rico New York Kansas Montana West Virginia New Mexico Arkansas Idaho Illinois Mississippi Nebraska Neyvada Oklahoma Utah Wisconsin

Utah town board vacancy rules allow nonvoter candidate

Kenneth Dalton may not have voted in 30 years in Circleville but the attorney-general’s office ruled that a town board seat can be filled by a qualified elector who need not be a current voter. The decision clarifies eligibility for the position in Circleville Utah.

Salt Lake City Kenneth Dalton Circleville Utah Attorney-General

Fine American Home Blends English Charm with American Efficiency

A five room and bath house combines English architectural beauty with efficient American design. Its outward appearance and spacious living areas reflect English origins while the planned layout and open hearth maximize livability for the average family.

Five Year FHA History Submitted To Treasury Dept

The Federal Housing Administration reports five years of activity ending June 30 1939 showing two and a half billion dollars of home loan insurance at a net cost to the Treasury of about 50 million. It notes growing self support with premiums beginning July 1939 and expects to fully pay operating costs from revenues by 1941.

Federal Housing Administration Treasury Department FHA The Treasury Senate Congress United States Senate Morgenthau Fhas

FHA standards attract broad investor interest in insured mortgages

Uniform high appraisals and valuations make Federal Housing Administration insured mortgages a standardized, salable commodity in the open market. Transfers of premium paying mortgages show a healthy regional flow of mortgage money nationwide. This salability stems from insurance against loss and the high standards for loans accepted for insurance, attracting institutions to buy insured mortgages as long term investments.

Federal Housing Administration Stewart McDonald McDonald

Savings and Loan Field Offers Management Openings

In the five point seven billion dollar savings and loan industry, Frank W. Hancock Jr. of the Federal Home Loan Bank Board says opportunities for young people are vast. He notes that home financing institutions, especially savings and loan associations, are rebuilding and seeking future managers. The role promises personal success and chances to lead community planning and prevent blighted districts while helping to expand home ownership.

Frank W. Hancock, Jr Federal Home Loan Bank Board Hancock Savings and

Build a Home With FHA Plan Let You Stop Renting

Advertisement urges buyers to use the FHA loan plan to avoid rent increases and secure a loan for building a home. Claims a smooth process and questions why readers haven’t built before. Mentions Mendenhall-Thompson.

F.H.A

Also Mentioned on This Page

Chicago W. Washington Sary Snow Lumber Co Fine Treasury Dept General Electric Guilford Furniture CO North Main Street Savings, Loan Field Mendenhall-Thompson Washington St Hamilton-Boone Lumber CO Sarah A. Boone and Paul Hamilton Reroo Willis Ball Park Llow Rose Furniture CO South Main Gor Goring Marietta Hardware CO
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