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COMMITTEE ON BANKING AND CURRENCY.

UNITED STATES SENATE

EIGHTY-EIGHTH CONGRESS

FIRST SESSION

ON

S. 810, S. 811, and S. 2130

BILLS RELATING TO THE ESTABLISHMENT OF NEW FACILITIES
FOR A SECONDARY CONVENTIONAL MORTGAGE MARKET

SEPTEMBER 17, 18, AND 19, 1963

Printed for the use of the Committee on Banking and Currency

(-3-1-5414

24-155 O

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1963

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ALPHABETICAL LIST OF WITNESSES

Baker, Rex, vice chairman, Legislation Committee, National League of

Insured Savings Associations.

Buchanan, W. Evans, president, National Association of Home Builders;

accompanied by Thomas P. Coogan, past president and chairman,

Conventional Financing Committee; William Blackfield, first vice

president and chairman of governmental affairs program; and Joseph

McGrath, staff director, Government affairs program...

Carr, Dr. Hobart C., chairman of Banking and Finance Department,

School of Commerce, New York University-..

Farrer, Richard C., chairman, Washington Realtors' Committee, National
Association of Real Estate Boards-

Kimbrel, M. Monroe, president, American Bankers Association; accom-
panied by Dr. Kurt Flexner, deputy manager and director, Mortgage
Finance Committee__

Krooth, David, member, board of directors, National Housing Conference_
Mason, Norman P., housing consultant; formerly FHA Commissioner,
Administrator, HHFA, and Chairman of the Board of FNMA..
McMurray, Joseph P., chairman, Federal Home Loan Bank Board; accom-
panied by Kenneth Scott, General Counsel; and Harry Schwartz, ad-
viser to the Board and Director of Research__
Nathan, Robert, president, Robert Nathan Associates.

Neel, Samuel, general counsel, Mortgage Bankers Association; accom-
panied by Graham T. Northup, director of Government relations...
Ring, Daniel S., general counsel, National Paint, Varnish & Lacquer
Association__

Semer, Milton P., General Counsel, Housing and Home Finance Agency;
J. Stanley Baughman, president, Federal National Mortgage Association;
and Philip J. Maloney, Deputy Commissioner, Federal Housing Ad-
ministration__

Warman, W. C., staff vice president, U.S. Savings & Loan League; accom-

panied by Stephen Slipher, legislative director; and T. Bert King,

counsel...

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Federal Reserve System: Reports on S. 810, S. 811, and S. 2130_
Housing and Home Finance Agency:

Comparison of the FHA section 221(d)(3) and New York State Hous-
ing Finance Agency programs.

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Letter from W. Evans Buchanan, president, to Senator Javits with
an enclosure on metropolitan housing statistics......

Letter from Joseph B. McGrath, director of governmental affairs,

supplementing his statement, with enclosures_

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