0

Subjects>Business>Finance

What is the Home Owners Loan Corporation for?

Anonymous

∙ 12y ago

Updated: 4/28/2022

The Home Owners Loan Corporation is a U.S. government program designed to refinance home mortgages to help prevent foreclosure of homes. Established in 1933 during the New Deal, the program became a small profit organization in 1951.

Wiki User

∙ 12y ago

What else can I help you with?

Continue Learning about Finance

When was Home Owners' Loan Corporation created?

Home Owners' Loan Corporation was created in 1933.

Does the Home owners loan corporation still exist today?

No

What did the home owners loan corporation provide in the 1930's?

The Home Owners' Loan Corporation was created by the Federal Government during the depression of 1930's and was charged with the responsibility of acquiring foreclosed property from banks and then reselling it to private investors.

When did Home Owners' Loan Corporation end?

The Home Owners' Loan Corporation started in 1933, its purpose was to help homewners save thier houses through mortgage foreclosues. This program lasted for over four years.It ended in 1936.

What is the definition of home owners loan corporation?

Home Owners Loan Corporation(HOLC) Date:1993 Deffinition-Gave loans at low cost to homeowners so they could continue making their house payments. Hope this answer was helpful to you. Sincerly Faith Rodriguez 02-13-12<3

Related Questions

When was Home Owners' Loan Corporation created?

Home Owners' Loan Corporation was created in 1933.

What does HOLC do?

home owners loan corporation

Abbreviation for Home Owners Loan Corporation?

HOLC

What do holc stand for?

Home Owners' Loan Corporation

The Home Owners' Loan Corporation?

http://crghomes.site.bz/

Does the Home owners loan corporation still exist today?

No

Is the Home Owners' Loan Corporation still around today?

No it ended in 1951

What did the home owners' loan corporation do?

Refinanced people's home loans at lower interest rates

What did the home owners loan corporation provide in the 1930's?

The Home Owners' Loan Corporation was created by the Federal Government during the depression of 1930's and was charged with the responsibility of acquiring foreclosed property from banks and then reselling it to private investors.

When did Home Owners' Loan Corporation end?

The Home Owners' Loan Corporation started in 1933, its purpose was to help homewners save thier houses through mortgage foreclosues. This program lasted for over four years.It ended in 1936.

Who was the person in charge of the Home Owners Loan Corporation?

Franklin D. Roosevelt was the head of the HOLC.

What is the definition of home owners loan corporation?

Home Owners Loan Corporation(HOLC) Date:1993 Deffinition-Gave loans at low cost to homeowners so they could continue making their house payments. Hope this answer was helpful to you. Sincerly Faith Rodriguez 02-13-12<3

Trending Questions

How do you calculate reduction in yield? Why is having many credit card accounts a risky practice? What are the ways of organizing structuring and presenting written information so it meets the need of an audience? What does df refer to on Halifax bank statement? How can I learn more about the Online Printing industry? Can you refinance your house while you are in a chapter 13 bankruptcy? Does timbaland have manager? How much is 1 billion pounds in us dollars? Which credit card companies offer gold cards? Items included in current assets? Is it legal for the insurance company to hold the remaining balance of your claim to apply to your loan as principal payment? Does cosigning for a car loan build credit for both people? You recently bought a car from a friend and I just found out she has lienholder on it at a title loan place what can i do? What are the differences between Digital Marketing and Traditional Marketing? What happens if your bank account was frozen for unpaid credit card debt while you were deployed to Iraq? How much is Chase Bank CD rates? PIN stands for what? What is the market cap for World Acceptance Corporation WRLD? What is a master insurance policy? Why does the mayor say that they are working on to solve the problem?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.