Evening star., 1935-01-19
MORTGAGES TOPIC
, OF REALTY GROUP
National Boards Associa.
ton to Formulate Legis-
Iative 0bjectives.

Action to be asked of the present
Congress to complete steps the Gov
ernment has taken for liquification of
the mortgage and stabilization OF real
estate mortgage credit will be dis
cussed at the annual business meet
ing of the National Association of
Real Estate Boards, to be held next
week, January 1926, inclusive, at the
Rice Hotel, Houston, Tex.
The meeting, definitely meeting
for the formulation of specific objec-
tiveS for the year, will have before 1t:
l. The whole great national pro-
gram for housing advance, looking to
filling important gaps left in the long
term credit structure, and guiding
urban rebuilding and particularly
new home building.
2. State tax modernization for real
estate relief. Reports will come be-
fore the meeting of specific legisla-
ton to be sought in at least IS States.
8. Proposed market study. on a
scale never before attempted, to guide
the business of real estate.
4. Professional advancement in the
following specialized fields: Broker
age, property management, appraisal,
mortgage finance, land development
and home building, industrial prop
erty, farm brokerage and manage
ment.
S. Closer and stronger organization
for real estate boards and for real
estate
President Potter to Speak.
President Hugh Potter, Houston,
will open discussion of matters now
actively concerning real estate at the
opening general session of the annual
meeting the afternoon OF January "a
Repairing the national mortgage
structure will be principal subject
of the general sessions OF Friday
morning, January 25, at which j.
Howard Ardrey, deputy administrator.
F. H. A., will discuss the subject, the
talk to be followed by an opportunity
for questions. What About Real
Estate Taxes?" and Reorganization
of Local Real Estate Boards" will be
the further subjects of this session.
The associations program OF actlv-
fly for 1885 will be outlined at the
concluding general sessions Friday
afternoon, January 25, by Walter S.
Schmidt, Cincinnati, president-elect.
Following this. President Potter, at the
business session of the convention, will
call for reports from Edward A. Mac
Dougall, New York, chairman OF the
Committee on Housing, who will pre-
sent proposals for housing advance,
and from Delbert S. Wenzlick, st.
Louis, chairman of the Committee on
Market Study, who is working out de-
tails for this proposed new stabiliza-
ton factor for coming real estate
activity.
Important Proposals..
Important proposals for professional
advancement in various fields of the
real estate business will come before
the specialized institutes and divi-
sions of the association in simul-
taneous meetings of these bodies to be
held Wednesday afternoon and Thurs
day morning of convention week.
Formal installation of Mr.. Schmidt
as president, of other officers of the
association, and OF heads Of its inSti-
tutes and divisions, will take place at
a banquet to be held Friday evening.
A dinner meeting of the American
Institute of Real Estate Appraisers
and a dinner meeting of the new In
stitute of Real Estate Management
will also be features of the meeting.
The annual international realtor
golf tournament will be held on the
links of the famous River Oaks Coun-
try Club on Saturday, January 26.
On Saturday evening convention
delegates will leave Houston for an
all-expense post-convention trip to
Mexico City, reservations for which
are now being received. The realtor
party, which will be officially well
coined in Mexico City January 20, will
make an eight-day exploration of the
capitals ancient and picturesque en-
yirons, returning to San Antonio Feb
ruary 7.