MORTGAGE LEGISLATION
to THE EDITOR OF THE PRESS. Sir,—'Will you or any of your readers THflMnw a woman on the bearing of tbc new legislation on private mortWill the Mortgage Corporation still function in the same way Mfviously. and is the general out\agk more favourable to the mortgagee or the mortgagor? Is the legislation m this point concluded, and is "he tale of interest fixed?— Yours, etc.. IGNORAMUS. June 10. 1936. '"The Mortgage Corporation of New Zealand will in future be known as tie State Advances Corporation.” said the manager of the State Advances Corporation, to whom this letter was «ji»red. "The lending functions continue. and applications from intending borrowers may be lodged with the eoporation The Stale Advances Corporate n Act. 1936, came into operaus ca J ’.>• 15. and certain administrtivv j ha c- v il! not be fully effected i Vnor; n:: <- The present r.'/r . ; ;r >•;<.: t lin .'i by the board is *. ..cr cent ;..r annum.”]
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Bibliographic details
Press, Volume LXXII, Issue 21812, 18 June 1936, Page 15
Word Count
159MORTGAGE LEGISLATION Press, Volume LXXII, Issue 21812, 18 June 1936, Page 15
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