Underwriting Manual: Underwriting and Valuation Procedure Under Title II of the National Housing Act

This historical manual contains instructions, policies, and regulations governing the work of FHA underwriting staff tasked with determining the eligibility of non-farm mortgages for insurance under Title II of the National Housing Act. Broadly, the determination was made by ascribing a risk rating to the applicant as compared to a value rating of the property. Published in 1938, the document references policies of racial discrimination.