Evening star., 1934-06-09
MORTGAGE LAWS
CONVENTION TOPIC
Association of Real Estate
Boards to Hear Admins
tration Speaker.

Proposed Federal mortgage legisla-
ton has been set as a leading topic
on the general sessions program for
the annual convention of the Ma
tional Association of Real Estate
Boards to meet in Minneapolis June
$3.50.
While it is not yet possible to an
nounce speakers on this subject, the
association has assurance that rep
resentative of the Federal admlnistra-
ton will present the situation on this
legislation as of the last week in
June. discussing also questions as to
administration of such legislation as
they may have come up or been met
at that date.
The whole meeting is being planned
to give opportunity for free questions
and suggestions on the real estate
brokerage code now in effect, for
thorough discussion of the proposed
code for land development and home
building, for review of proposed Fed
eral mortgage legislation, for ex-
change of experience between the
States in preparation for the new
drive now being opened by the asso-
citation for real estate tax relief, and
for other important projected action.
President Hugh Potter, Houston, Tex,
will throw the meeting open to ques-
tions at the opening general session,
set for Thursday morning, June 90,
and will discuss .at that time current
issues affecting the real estate busi-
ness.
Day for Codes.
Real estate codes and their admin
istration will be given one complete
half day on the program, the after
noon of June 49, Keith S. McHugh,
deputy administrator in charge of
the codes, who, as already announced,
is expected to be present for this dis
cussion. will talk on how the real es-
tate brokerage code and other codes
are to be enforced. Members of the
code authority for the brokerage
code, election for which was COM
pleted June z, are expected to lead
detailed discussion Of this code. 1t is
expected that meeting of the code
authority will be held some time in
advance of the convention.
The need for a code for home build
ing will be discussed by J. C. Nichols,
Kansas City, Mo. member of the As
sociation's Code Committee Waverly
Taylor, Washington, D. c., also
member of the Code Committee, and
chairman of the Associations Land
Developers and Home Builders Divi-
sion, will tell what has happened with
respect to this code as of the time of
the convention. Public hearings on
the code for homebuilding are set for
June IA.
Wide Representation Expected.
A roll call by States will be taken
at the opening general session. AS
each State is called, those present from
that State will rise. Because of the
important questions of mortgage legis-
lation and code administration with
which the convention will deal, it is
expected that practically every State
will be represented.
Four minute reports on the business
outlook for real estate in various parts
of the country will be convention
feature. Leaders asked to makes these
reports are:
Joseph w. Catherine, New York,
president of the Real Estate Associa-
ton of New York, for the East Gen.
trail States; Maurice Reidy, Worcester.
Mass, for the New England States !;
Guy w. Ellis, Miami. Fla for the
Southeastern States; William c. Rege-
lin, Chicago. for the North Central
States; Robert Jemison, Birmingham,
Ala, for the Southern and South Gen.
trail States; Charles F. C. Ladd, San
Antonio, Tex, president of the San