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

Descrizione:

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.

Aggiunto al nastro di tempo:

HOLC Project

ByMatthew Amyx
24 ott 2017

Data:

30 dic 1932 anni
Adesso
~ 91 years ago
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