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FHA Approves Use of 3/c" Sheorhing

F.H.A. Commissioner Norman P. Mason, spoke at the board of directors meeting of the National Retail Lumber Dealers Assn. in Washington, D.C., May 16th, which was attended by Southern California Retail Lumber Association President Wayne F. Mullin, Mullin Lumber Co., Los Angeles; Wilbur Barr, president of Barr Lumber Co., Santa Ana, and NRLDA Directors Tom Fox of John W. Fisher Lumber Co., Santa Monica, and Association Manager Orrie W. Hamilton. Mason said he had issued instructions to the F.H.A. regional offices that they were to accept 3f" sheathing with about 4/o shr\nkage as the standard for framing on F.H.A.-approved loans. He also said F.H.A. does not want to become a "Standard Framing Agency" beceuse this should be a matter for industry to establish.

Nlason stated that the F.H.A. in Los Angeles is leading the nation in loan processing and that from nor'v on no appiications shall remain in any F.H.A. office more than two weeks, He said if they do he would like to know about it.

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He also stated that F.H.A. is now working on measures that would permit the trading in of old homes on new ones to make it as simple as trading in an old automobile on a new model, and also on making it much easier for small builders to use FHA loans.

Nlason frrrther stated that if there are any inequities or inequalities of interpretations or valuations coming out of any one of the F.H.A. offices throughout the nation they should be reported direct to him in the event such inequities,