FHA Loss On Home Mortgages Insured Very Small
Washington May 7. Ewart McDonald administrator said the FHA mortgage insurance program shows a total loss of 13,229 on 220 premium paying mortgages out of 902,634,417 insured. As of March 1 220,854 home mortgages insured total 902,634,178 with 137 foreclosed and tendered. The Mutual Mortgage Insurance Fund stands at 20,872,594.
MENTIONED IN THIS ARTICLE
Washington, D. C
Ewart McDonald
J. McDonald
Federal Housing Action
Proram
McDonald
Mutual
Congress
Lighting Options for Closet Use in New Homes
A guide outlines several closet lighting types including ceiling pull chain lights outside switch lights and automatic door sensors. It notes risks of lights staying on and suggests a timed shutoff option as reliable. It mentions the Federal Housing Administration Property Improvement Credit Plan as a funding avenue.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Recessed Radiators Add to Room Utility
Recessed radiators free wall space for furniture and keep heat effective. Placing radiators in wall stacks spreads warmed air evenly, allows smaller units, and may be financed under the FHA property improvement credit plan.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
New Materials for Modernizing Baths
Modern bath upgrades include waterproof tile and composition for walls and floors in various colors. Improved fixtures simplify installation and operation, enabling easy retrofit of older bathrooms from a decade ago.
Hyde County Faces Corn Hills Crisis in Farm Allotments
Hyde County in North Carolina confronts a mathematical crisis as federal farm rules shift land measurement from Hyde’s traditional thousand corn hills to acres. Farmers fear losing 250 corn hills per acre, creating confusion over 100,000 of cotton and other crops while authorities adjust measurement standards nationwide.
MENTIONED IN THIS ARTICLE
Hyde County
Enterprise Bureau
Sir Walter Hotel
Raleigh
Weights and Measures Division
State Department of Agriculture
AAA
U. S. Department of Agriculture
General Assembly
Hyde
American
North Carolina
Cutlandere
Widow's influence on five suit contracts in bridge
McKenney explains how the widow segment affects a hand in five suit bridge. He describes a South hand where the dummy lacks entry to diamonds, forcing a shift to use the club king to obtain the needed entry and secure the contract.
MENTIONED IN THIS ARTICLE
McKenney On
South
FHA plan funds bathroom redesigns for home improvements
The text notes that old bathrooms can be transformed with new wall and floor materials. It estimates costs around 180 million dollars and mentions financing under the Federal Housing Administration Property Improvement Credit Plan.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
House and Lot Form a Single Problem in Home Building
Washington D C FHA official Seward H Mott urges buyers to treat house and land as a unified unit before construction. He says land use planning matters more on small lots and that layout should place living areas and outdoor spaces for efficient service and community appeal.
MENTIONED IN THIS ARTICLE
Washington, D. C
Seward H. Mott
Federal Housing Administration
Mott
Mr. Mott
Update on Porch Removal for Home Modernization
The article explains removing porches from old houses to modernize appearance or expand living spaces. It notes such structural changes may be financed under the Property Improvement Credit administration.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Styles and Types of Roofing Offer Broad Builder Choices
The article details common roofing materials including paper, impregnated, slate shingles, wood shingles, composition shingles, cement and terra cotta tiles, metal shingles, and sheet metal. It notes deck or sheathing requirements, ventilation needs, and the importance of roof weight when renewing, especially for slate.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Residential Market Bright Spot Highlighted in Yaana
A local report emphasizes the Yaana market's strongest area as residential development. Real estate activity centers on housing demand and future planning, signaling steady growth for buyers and builders.
MENTIONED IN THIS ARTICLE
Yaana
FHA Records Show 21.75 Percent Mortgages Transferred By Institutions
The Insured Mortgage Portfolio reports that 21.75 percent of insured, premium paying FHA mortgages through December 1958 were held by nonoriginating institutions. Transfers totaled $180,146,872 from 1,044 originators to 1,272 buyers. Mortgage companies led selling at 37 percent. insurance companies led buyers at about one third. RFC Mortgage Company was the largest buyer with 21.6 percent and $38,964,805.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
FHA
Insurance
RFC Mortgage Company
Suburban Properties See Demand Rise on New Financing
Brokers and dealers attribute increased demand for properties in suburban areas to new financing facilities made available by amendments to the National Housing Act.
Care of floors weekly sweeping and wiping
Varnished floors last longer and look better when swept with a broom wrapped in a soft cloth and then wiped with cold water. Dry immediately. This should be a weekly process.
Floors Modernizing an Untidy Home On a Budget
Shabby floors ruin appearance but can be upgraded affordably. Replacing boards or refinishing wooden surfaces improves look and value without major cost. Consider sanding, sealing, and minor repairs to transform rooms efficiently.
Also Mentioned on This Page
Tyson T. Ferree
W. WashinGton St
High Point
N. C
Guilford
North Main &J
Trinidad Lake
Tropics
I Ya
Delk and Younts General Contractors
N. Main St
SED
Kester Bros
Exrea
Coop
William FB. McKenney
American Contract Bridge League
Desler
Widow—& K
Nh Vuh
Paul Sanders
Daerats
de Smith Deal
W. Washin
Edea
Amence
Smee
Mal
DUKE
South Main
Power CO
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