Memorandum to Chairman Eccles, Box 27, Folder 11, Item 7

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Includes chart and table from Stewart McDonald comparing FHA volume of new construction and refinancing with that of the Federal Savings and Loan Associations. Also includes a summary of the volume of the FHA business under Titles I and II.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102