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Federal reserve bank OF DALLAS Dallas, Texas, June 30, 1952 REAL ESTATE CREDIT REGULATION X To A ll Persons Engaged in the Business of Extending Real Estate Credit in the Eleventh Federal R eserve D istrict: There is quoted below a statement issued June 30, 1952, jointly by the Board of Governors of the Federal Reserve System and the Housing and Home Finance Administrator. “ The Board of Governors of the Federal Reserve System and the Administrator of the Housing and Home Finance Agency announced today that there is no present change in Regulation X and companion real estate credit regulations resulting from passage of the Defense Pro duction Act Amendments of 1952. “ The Board and the Administrator pointed out the statement of the conference managers on the bill that the amendments affecting Regulation X are prospective and that procedures looking to the possible subsequent relaxa tion of the regulations do not begin to operate until the effective date of the Act, July 1, 1952.” Any information which may be desired concerning the Regu lation will be gladly furnished by this bank and its branches in El Paso, Houston and San Antonio, Texas. Yours very truly, R . R. G I L B E R T President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)