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F. HI MEASURES MORTGAGE IKS Underwriters’ Manual of Agency Hailed as Most Accurate Yardstick. Details of the Federal Housing Ad ministration’s technique for measuring the degree of risk In mortgages eligible for Insurance under terms of the national housing act, are In corporated In the Federal Housing IHmlnlitroH/in TTnriorurif ln<7 MSTUlfl! the second printing of which has just been completed. The system has been widely accepted eg a major contribution to mortgage lending practice and has been hailed by lending institutions and the real estate men as one of the most ac curate yardsticks yet developed. It Is the joint work of Frederick M. Bab cock. chief of the underwriting section, and Miles L. Colean, technical direc tor, Federal Housing Administration, both recognized authorities and mem bers of the underwriting stall. The mortgage risk rating system, with which the Underwriting Manual deals in minute detail, is the process of thoroughly analyzing the mortgage factors of risk undertaken in the mak ing of a mortgage loan and rating of the mortgage in accordance with the risk involved In the loan transaction or in connection with the Insurance of a mortgage. The housing act prescribes certain eligibility requirements, including: A. me piuuipni vi ttiv uivi iguBV. cannot exceed 80 per cent of the ap praised value established by the Fed eral’Housing Administration. 2. The mortgage must be completely amortized by monthly payment* on the principal. 3. The mortgage must not have a maturity date in excess of 20 years. 4. The monthly payments may not be in excess of the mortgagor’s rea sonable ability to pay. 5. The projects with respect to which the mortgage is executed must be economically sound. Determination of the last point calls for careful use of the mortgage risk rating system. It is true that if all the applications received by the Fed eral Housing Administration were for the full 80 per cent of the appraised value and for the full term of 20 years, a large part of these would have to be rejected, officials said, because only mortgages which are found to be economically sound are eligible. In general, according to the manual, new construction of good quality, properly located, does qualify for the iuu au per cent loan, in cases wnere the property, the location and the borrower of the mortgage money are not in correct balance according to the system of risk rating, the Fed eral Housing Administration is not in a position to insure a full 80 per cent twenty-year mortgage, but may still approve the application in part, since the underwriting procedure by which eligibility is determined, pro vides a method of avoiding rejections by insuring loans for lower percent ages and shorter periods of time. Copies of the Underwriting Manual ere available to lending institutions and individuals on application to Washington headquarters of the Hous ing Administration. -• Clean Brushes First. Brushes that have been used In metallic paints should be washed out clean with turpentine immediately after using. GARDEN NOTES 'T'HE unusual heat has been hard or the gardens as well as the gar deners. Iris and other plants are being foroed into bloom and, in man; cases are nowhere as nearly attrac tive as if they developed more slowly It has been a particularly unfavorable year Xor newly-planted shrubs an< roses. Watering Is not enough In hoi periods and newly set plants shoulc be shaded temporarily with lath worli or other protection. This Is a year of- peculiar blooming Plants that are often two to three weeks apart have come Into bloom ai the same time so that It is dlfflculi to judge the normal behavior of th< various species. The year seems des tined to go on record as one of in consistencies. Pansies are cool weather plants anc should be planted very early in the Spring to be really worth while. Ir our average Winter, the pansy live through very nicely, especially if cov ered with pine boughs or leaves. Thii is the ideal culture, although somi folks manage to grow nice pansle throughout the Summer. Insects of various kinds emerge ver rapidly in periods of heat. The ten caterpillar, for example, enlarges iti webs on apples and wild cherries anc must be destroyed by spraying witl arsenate of lead if it is to be pre vented from defoliating trees. Thi 17-year locust is certain to emergi shortly from the soil and, for a time worry gardeners with its noise anc destruction of terminal branches. One gardener in this vicinity has t worth-while plan for obtaining new varieties of iris. He buys expensive kinds, grows them a few years anc sells the increased stock at moderate rates. Immediately the receipts an reinvested in newer Introductions. Ir this way, without any great outlay, he Is enabled to test the new Irises and improve his own garden as well as that of his neighbors. Of course, no one gardener can buy all the new irises each year but, by selecting his material, this home gardener has been very successful. The iris is an excel lent garden plant because its foliage is beautiful after the blossoms are gone. Now that the snowdrops, hyacinths l and crocuses are ripening oil their , foliage, it is ail right to mow over them. The nutrients In the leaves have all moved downward into the young bulbs. Many of our worst weeds, such as dandelions, chlckweed and purslane, are natives of Europe or other parts 1 of the Old World. Their rapid de velopment precludes the possibility of ever eradicating them entirely but they can be suppressed in the lawn and garden by diligent effort. The solanums are important in the vegetable garden as the potato, tomato, ' pepper and eggplant, and in the flower garden as petunia and flowering to 1 bacco. It is interesting to note that the tomato was first grown solely as i an ornamental. ■ Pinching back the main leader of chrysanthemums, dahlias, zinnias and other rapidly growing plants will cause them to send out side branches and develop the stocky form that Is so desirable. Sometimes it takes courage to snip out the leader of nicely grow ing plants, but it is the only way to suppress rampant growth. Staking will not be as necessary In disbudded plants. The foliage of most roses is reddish in color when the leaves first emerge, but there is a variety with red foliage throughout the season. One could have an Interesting garden of red ft ~ a hued foliage If he Included the purple leafed maple, beech, hasel, barberry, plum and the rose. Fragrant foliage appeals to many gardeners and one finds occasionally an old-fashioned sweet briar roes and lemon-leafed verbenas and geraniums grown chiefly for their sweet-scented leaves. Many of the herbs grown In the old-fashioned garden were also of delightful fragrance. strangely enough, one of our most valuable garden Irises, Princess Beatrice or Pallida Dalmatlca, was grown before 1600 and Is still rated as one of the best of the clear lavender blue verities. At this early date, a garden writer, Carolus Cluslus, de scribed some 26 sorts and remarked on the variability of seedlings. This Information must not be miscon strued as a plea for the old verities, for, as a rule, they are vastly Inferior to the present day varieties, such as William Mohr, Los Angeles, Tropic Seas and others. Natural Beauty Sought In choosing woodwork finishes, natural beauty should be retained whenever practicable. A wood which is In Itself beautiful and well matched for color and grain, may be given a varnish finish If the room scheme permits. Inexpensive woods, or any woods that have been poorly selected, are generally given a finish of paint, enamel or lacquer. Any one of these provides a smooth and attractive opaque coating. Ceiling Drying Back. In the modern apartment and small home every Inch of space In the kitchen Is allotted Its special function, so when the cook washes out the dish towels or madam herself does a little laundry work It Is difficult to find a place to hang the articles to dry. Consequently they are draped all over the house. A convenient drying rack can be fastened to hooks in the kitchen celling and can be lowered and raised at will. Wash your towels, stockings and lingerie, hang them on the rack, pull them up to the celling and there you are. An Outstanding Price for ; A REAL HOME 1818 Ontario PI. N.W. $7,450 Here * a two-itory house In an excep tionally fine neighborhood 3 bed rooms, 2 baths. 2-car brick garage, front and rear porches. Occupied by owner and open for Inspection every day. Bradley, Beall & Howard, Inc. 8outhern Bldg. NA. 02 U Evenings. Phone GE. 7806 1 — ^ _ _ __ _ _ __— . A Beautifully Furnished NEW CAPE COD HOME 5534 30TH ST. >.» . I IN CHEVY CHASE Just off McKinley St. • Seven Rooms i • Two Baths • Sewing Room • Modern I Kitchen | % • Bir Fire place V • Recrea | t*»n Room & •Built-in j Garage 3 • Gaa E Heat Save $1,000 Buy From Owner 6229 Utah Avenue Chevy Chase, D. C. (32nd and Tennyson) Better than new after one year con stant improvement. Only sudden change in owners' plans force sale. This distinctive home, larger than usual, has extra space each floor. Three full and 1 child's bed room, besides fin ished 4-window attic: 2 baths. 2 porches recreation room, etc. Open 8at. and Sun., or call Mr. HAMMOND. Emerson 3966. for appointment. 208 KENNEDY DRIVE This charming home, center-hall type, contains large living room, dining room, breakfast room, kitchen and pantry on first floor and 4 large bedrooms and two baths on second floor. Complete servant's room and bath and two-car garage in the basement. The lot Is 150x138. The price and terms are attractive. It is not necessary to have a large income or a great amount of capital to live in Kenwood. If the above pictured home does not meet your requirements let us show you some of the beautiful home sites now available in the “Community of Flowers.” OPEN SATURDAY AND SUNDAY FOR INSPECTION . Other Days by Appointment I^nne - Chamberlin Development Ca KENWOOD OFFICE: KENNEDY DRIVE AND CHAMBERLIN AVE. Wisconsin 4425 To reach Kenwood, drive out Connecticut or Wisconsin Avenues to Bradley Lone, west on Bradley Lane to Kenwood entrance, turn left on Kennedy Drive to house or drive out Wisconsin [Avenue to Somerset, west on Dorset Avenue to Kennedy Drive and right 2 blocks to house. Group of Six Dwellings Purchased The group of six homes, located at 222 to 232 Jefferson street, have "been sold within the last two weeks, N. C. Hines, sales director for Wm. H. Saunders Co., the builders, announced today. The purchasers are: 222, Mr. and Mrs. Stanley J. Collinge; 224, Mr. and Mrs. Percy Hart; 226, Mrs. Jennie N. Neagle; 228, Mrs. Julia F. Aiken; 230, Miss Eva B. Bixler and Mrs. Eva B. Campbell, and 232, Mr. and Mrs. Benjamin A. Leatherman. —Star Staff Photo. 4 NEW BRICK HOMES f t* In University Park. Md. ? On Washington Blvd.. one mile past ? Hyattsvllle. 8 and 7 rooms, all 4 A modern conveniences. Slate roots. 4 A hot-water heat, with oil burner: 4 A brick garage: on* and two baths: a Z large lots. Corner Cecil Ave. and Z J Wells Rd. Electric kitchen. J X 512 E. Madison St. X . 4 Rlverdalg. Md. 7-room frame cot* 4 s 4 tage. with garage: good condition; 4 1 A Price, *5.-60.00. Easy terms. A 5 A LOG' CABIN 4 3 4 Fully furnished; Lake Jackson. 4 e A Price. SI.260.00. 4 ' 4 NEW BRICK HOMES ♦ 3 ♦ Now being built. Baltimore and ♦ 1 A Chestnut Sts. Takoma Park. Md. ♦ . 4 Thoroughly modern: 8 and 7 rooms. 4 3 4 two baths; oil burner; garages. 4 i 1 The Powers Co. a 4 Contractor* and Builders. + ’ # Cecil Art. and Wells Rd.. ♦ e A University Park. Md. A d 4 Greenweed 1378. Shepherd 3038. 4 000000000000000004000000 ! FOUR NEW HOMES FINISHED IN BRADLEY HILLS MODEL FURNISHED HOME 5551 BRADLEY BOULEVARD Furnished by Wayside Antique Shop —Consider First the Location Overlooking Kenwood and Edgmoore Note the Architectural Beauty of This Home Just some of the very interesting features: Flagstone foyer off entrance hall. Very unusual floor plan. 6 spacious rooms. Lavatory on first floor. Studio den or bed room. Two complete ba ths. Maid's lavatory. Model kitchen with G. E. disposal unit, ventilating fan, monel metal sink. Slate roof, furred walls, rockwool insula tion, in fact every care has been taken to make this a most outstandiila home. F. H. A. Financing If Desired Built by BOWLING fir GARDINER PRESENTED BY CYRUS KEISER, JR. 5211 Wh. Ay. CL 537) Il_COLONIAL HEIGHTS. VA. II v .I!m.■■ ■ v- ■ ” i■ am>■ wwmwat I Brand-New Corner Detached Brick 20th and Ode Sts. North Two Bedroom*—Recreation Room—Oil Burner— j Electric Refrigeration—Brick Garage An All-EIectrlc Home (electric rate l'ac kilowatt hour.) Situated on • high elevation overlooking the river and Virginia hllla; beautifully land scaped lot 60x140. It Is an Individually designed home completely equipped: having Western Electric range and water heater. Westlnghouse refrigerator, screens, weathers:ripe, oil burner. First floor has large living room with open fireplace and built-in bookcases, dining room, kitchen and dinette. Second floor has two attractive bedrooms, bath and porch: has a lovely recreation room with open fireplace; also a detached brick garage to match house. Open All Day Sunday \7 QCll Drive across Key Bridge thru Rosslvn. turn sharp right at ap I )vvv Amoco gas station; on North Key Bled, follow direction arrows to Ode St., North and turn right on Ode St. to 20th St. and house. L. T. GRAVATTE 729 15th St. Realtor National 0753 j Beautiful Forest Hills 2842 Chesterfield Place N.W. This spacious Colonial home embodies all that is beautiful and livable, in a setting second to none. It is impossible to adequately describe the rare charm in this newest of new homes. First floor comprises living room, dining room, electric kitchen, break fast room, library and powder room. Second floor: Four bedrooms and three baths. Basement: Recreation room, maid's room and bath, laundry and furnace room, large two-car garage. The best of construction and equipment. Moderately priced on today's market. The setting for this lovely home is a large wooded lot attractively landscaped by J. H. Small, Inc. Louis R. Moss, supervising architect. Drive out Connecticut Avenue to Albemarle Street, east on Albemarle to Linnean Avenue, turn left to Chesterfield Place and property. Owner M. B. Swanson Builder I Emerson 6843 Wisconsin 3271 WARDMAN OFFERS MOTHER NEW GROUP OF DETACHED HOUSES ^■StAv r mooERn \<,.SAS Aj \g»A*<V I 7 Rooms—2 Baths — Automatic Heat I §1 2-Car Brick Garage and an unusually large lot, 165 feet deep—an S entirely new kitchen, and spacious, too. i $12,500 I I 1333 Hamilton St. N.W. § I Open Daily 10 to 9 I I HARRY WARDMAN, INC. I I 1512 K Dl. 3830 | I "Life Worth Living in a Wardman Home" I