Salt Lake Telegram | 1935-09-10 | Page 27 | Rules Liberalized for Loans on Realty

Rules R ules Liberalized For Loans on Realty W WASHINGTON Sept 10 UP UP- UP More than half halt a billion dollars additional ad ad- for tor real estate loans was made mado available ble by federal authorities authorities authorities ties today with regulations permitting permitting permit permit- ting tint national banks to liberalize their real rent estate lending policy Under the recently pass passed d banking banking bank bank- ing act of ot 1935 national national banks are arc permitted to lend as much t cs as s 60 p per r cent of their their- time and savings deposits on improved r real nI estate compared with only onty CO per cent pre cent pre Other r restrictions also were verb modified