Word: mortgagee
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Dates: during 1930-1939
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¶ Despite the fact that he would be out of office in less than a fortnight, President Hoover last week again begged a balky Congress to execute his legislative ideas. In a special message he urged last-minute action on the following measures "looking to the promotion of economic recovery...
More jobless kept coming until some 5,000 of them, squeezed and sweaty, had the second and seventh floors almost to themselves. Still no one interfered. Official Seattle is inclined to be lenient with its unemployed. For nearly two years they have been organized in a self-helping Unemployed Citizens...
Guaranteed mortgages account for some 35% of the total mortgages outstanding in New York City. There are about 18 companies which have guaranteed this 35% to the extent of three billion dollars. They are protected by an "18-months clause" which permits them to postpone redemption of matured mortgages. Early...
Significant is the fact that the R. F. C. will not provide funds to enable guarantee companies to pay interest on the mortgages they have guaranteed. Result: the guarantee companies must persuade the holders of mortgages to reduce their interest charges. Fortnight ago Frederic James Fuller, new president of New...
Upon taking his new job Mr. Osborn lost no time in addressing mortgage holders as follows: