Home Owners Loan Corporation

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Home Owners' Loan Corporation

Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. It granted long-term mortgage loans to some 1 million homeowners facing loss of their property. The HOLC ceased its lending activities in June, 1936, by the terms of the Home Owners' Loan Act.

Bibliography: See C. L. Harriss, History and Policies of the Home Owners' Loan Corporation (1951).

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HOLC

The Oxford Dictionary of Abbreviations | 1998 | | © The Oxford Dictionary of Abbreviations 1998, originally published by Oxford University Press 1998. (Hide copyright information) Copyright

HOLC (USA) Home Owners' Loan Corporation

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FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "HOLC." The Oxford Dictionary of Abbreviations. 1998. Encyclopedia.com. 10 Feb. 2010 <http://www.encyclopedia.com>.

FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "HOLC." The Oxford Dictionary of Abbreviations. 1998. Retrieved February 10, 2010 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O25-HOLC.html

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