Investigation Into FHA Multiple Dwelling Projects: Hearings Before the Permanent Subcommittee on Investigations, of the Committee on Government Operations, United States Senate, Eighty-ninth Congress, Second Session Pursuant to Senate Resolution 183, 89th Congress, August 24, 25, and 30, 1966Reviews default rate on FHA guaranteed apartment mortgages and FHA loan management practices. Investigates alleged mismanagement involving the Barrington Plaza project in Los Angeles. |
Contents
| 1 | |
| 7 | |
| 13 | |
| 19 | |
| 27 | |
| 33 | |
| 38 | |
| 39 | |
| 128 | |
| 130 | |
| 137 | |
| 138 | |
| 141 | |
| 146 | |
| 172 | |
| 231 | |
| 45 | |
| 51 | |
| 57 | |
| 63 | |
| 65 | |
| 71 | |
| 78 | |
| 80 | |
| 100 | |
| 104 | |
| 106 | |
| 113 | |
| 118 | |
| 124 | |
| 288 | |
| 318 | |
| 330 | |
| 353 | |
| 357 | |
| 360 | |
| 364 | |
| 371 | |
| 377 | |
| 380 | |
| 383 | |
| 386 | |
| 387 | |
Other editions - View all
Common terms and phrases
ADLERMAN admitted as exhibit apartment appraisal April Barrington Plaza Corp Barrington Plaza Enterprises Barrington Plaza project believe BERMAN BROWNSTEIN CALABRESE cash cashier's checks Chairman correct cost Crouse dated Deane December 31 deficit deposit account Document referred DUMONT estimated Federal Housing Administration FHA Insuring Office files financial difficulty foreclosure funds going HENIG HHFA Regional Office income interest Jack Gorden John Hancock June KARNES land Lesser Development Corp LEWIS loan Louis Lesser Enterprises MALAT marked Exhibit memorandum ment million modification agreement mortgage amount mortgage insurance mortgagor multifamily housing National Bank operating paid payments percent PROVISOR record referred to marked rent rental reserve requirements residential redevelopment RIKER RUGGIERO section 220 security deposit Senator HARRIS Senator MUNDT sponsor staff exhibit statement subcommittee TEITELBAUM tenants testimony tion true copy U.S. Senate United California Bank urban renewal WEITZEL
Popular passages
Page 350 - Tract, in the city of Los Angeles, county of Los Angeles, State of California...
Page 319 - ... in which the former officer or employee had participated. The quoted language does not include general rulemaking, the formulation of general policy or standards, or other similar matters. Thus, past participation in or official responsibility for a matter of this kind on behalf...
Page 265 - ... pm, the subcommittee recessed, to reconvene at 2:15 pm the same day.] AFTERNOON SESSION Mr.
Page 1 - US SENATE, PERMANENT SUBCOMMITTEE ON INVESTIGATIONS OF THE COMMITTEE ON GOVERNMENT OPERATIONS, Washington, DC The subcommittee met at 10 am, in room 3302, Senate Office Building, Senator John L.
Page 60 - Secretary, and (2) an amount equal to the Secretary's estimate of the fair market value of any land (prior to the construction of the improvements built as a part of the project) in the property or project owned by the mortgagor in fee (or, in case the land in the property or project is held by the mortgagor under a leasehold or other interest less than a fee, such amount as the mortgagor paid for the acquisition of such leasehold or other interest but, in no event, in excess of the fair market value...
Page 320 - ... for that matter, in relation to one he helped the agency negotiate. On the other hand, he is forbidden for a year, in the first case, to appear personally before the agency as the agent or attorney of his company in connection with a dispute over the terms of the contract.
Page 170 - Should you require any additional information, please do not hesitate to contact me.
Page 1 - Senator John L. McClellan (chairman of the subcommittee) presiding. Present : Senator John L. McClellan, Democrat, Arkansas; Senator Henry M.
Page 150 - Do you and each of you solemnly swear the evidence you shall give before this Senate subcommittee shall be the truth, the whole truth, and nothing but the truth, so help you God ? Mr.
Page 327 - SEC. 231. (a) The purpose of this section is to assist in relieving the shortage of housing for elderly persons and to increase the supply of rental housing for elderly persons. For the purposes of this section — (1) the term "housing...