Home Owners’ Loan Act, 1933
- Home Owners’ Loan Act, 1933
Passed in June 1933, the Home Owners’ Loan Act enabled the Home Owners’ Loan Corporation to offer government bonds to lenders to cover defaulted mortgages, preventing foreclosure and loss of homes.
Historical Dictionary of the Roosevelt–Truman Era .
Neil A. Wynn .
2015.
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