FHA Insured Mortgage System Shapes Economic Life
The Federal Housing Administration insured mortgage system and related construction have influenced the nation’s economy. It provides builders with favorable credit and a market for homes, helps families own well built houses, and offers lenders a liquid, profitable outlet. Refinancing programs broaden the market for realtors and boost primary construction and modernization nationwide.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Stewart McDonald
FHA
Sliding doors aid space saving in bedrooms
Sliding doors for bedroom closets are efficient space savers and when well chosen also serve as wall decoration. They may be installed under the Modernization Credit Plan of FHA.
MENTIONED IN THIS ARTICLE
FHA
Full Cooperation Urged to Solve Housing Problem
Federal Housing Administrator Stewart McDonald says the National Housing Act provides a tool for low cost sound building but needs state legislatures local authorities builders labor real estate firms and big financiers to coordinate. He warns that without broad participation the nation cannot achieve adequate shelter despite a high standard of living.
MENTIONED IN THIS ARTICLE
Stewart McDonald
Traditional Style Favored By Purchasers
A survey of home owners finds buyers prefer traditional American styles over futuristic exposition designs. The report links enduring appeal to climate and landscape with emotional satisfaction in ownership and warns novelty alone lacks lasting value unless aligned with practical factors. Federal Housing Administrator Stewart McDonald supports this view, stressing that trends must fit economic, social, and climatic realities.
MENTIONED IN THIS ARTICLE
Stewart McDonald
FHA Compliance Alone Fails to Ensure Mortgage Insurance Eligibility
FHA officials warn that meeting minimum standards does not guarantee insurance eligibility. They say a combination of elements at the lowest tolerable level does not yield a satisfactory mortgage risk.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
FHA
Uniformity In Foreclosure Laws Is Sought
Federal Housing Administrator Stewart McDonald announces efforts to create a simplified uniform mortgage foreclosure law. The Central Housing Committee in Washington has guided the draft for years, with sponsors predicting enactment within a year and involvement from the American Bar Association and other national groups.
MENTIONED IN THIS ARTICLE
Stewart McDonald
Central Housing Committee
Washington
American Bar Association
National Conference of Commissioners On
U. S. Building and Loan League
The
Investment Bankers Association
McDonald
Front porch survives as link to horse and buggy era
One survivor of the horse and buggy days remains in use for today’s homeowners the front porch. Once a wide porch provided a vantage point to view life on the street and neighbor activity.
Six Objectives Claimed by FHA
The National Housing Act sets six major aims. They include increasing home ownership security via affordable, fully amortizing loans and encouraging lending through insured mortgage options. It also seeks higher housing standards to improve mortgage security and stimulate construction to create jobs in building trades.
West Market for Electricity Sees Huge Outlet Potential
Estimates suggest 28 791 860 electrical outlets are needed across 11 western states to match today’s wiring convenience. Industry representatives at a recent meeting on the West Coast discussed the scope of this demand.
MENTIONED IN THIS ARTICLE
Tives
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