Insurance Premiums and Prepayments: Understanding FHA Loan Regulations, 1945-03-19

Item — Box: 3, Folder: 35

Identifier: CAC_CC_047_1_3_35_0002

Scope and Contents

The document discusses a letter exchange between Congressman George B. Schwabe and Mr. W. C. Carter regarding insurance premiums on FHA loans. The Administrator of the National Housing Act explains that the premiums are determined by Congress and cannot be reduced based on prepayments. The practical difficulties of implementing such a system are also highlighted. Congressman Schwabe promises to follow up on the issue with the Federal Housing Administration.

Dates

Creation: 1945-03-19

Creator

From the Collection: Schwabe, George Blaine, U.S. House of Representatives from Oklahoma's 1st district (1951-1952); 8th Speaker of the Oklahoma House of Representatives (1921-1923); Member of the Oklahoma House of Representatives from Nowata County (1919-1923), 1886-1952 (Person)

Language of Materials

From the Collection:

English

Conditions Governing Access:

Aside from oversize items, this collection is stored off-site and requires prior notice to access. If you wish to view these materials, please contact the Congressional Archives staff to arrange an appointment.