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Home Owners Loan Act

Home Owners Loan Act of 1933 – Will Our Government Repeat the Mistakes of the Past?

by Moe Bedard

By Moe Bedard

The Home Owners Loan Act & Homeowners Loan Corporation of 1933 was established as a corporation that refinanced one of every five mortgages on urban private residences. Other bills passed during the Hundred Days, as well as subsequent legislation provided aid for the unemployed and the working poor and attacked the problems of agriculture [...]

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