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

Descripción:

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.

Añadido al timeline:

HOLC Project

ByMatthew Amyx
24 oct 2017
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464

fecha:

30 dic 1932 año
Ahora mismo
~ 92 years ago
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