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30 Dez 1932 Jahr - 1933. Home Owners Loan Corporation Act creates HOLC as part of New Deal

Beschreibung:

HOLC was to refinance home mortgages in default to prevent foreclosures. The government used bonds to buy loans, then refinance them for borrowers at lower interest rates and longer periods than the industry average.

Zugefügt zum Band der Zeit:

HOLC Project

ByMatthew Amyx
24 Okt 2017
0
0
472

Datum:

30 Dez 1932 Jahr
Jetzt
~ 92 years ago
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