Book

Well worth saving : how the New Deal safeguarded home ownership

Fishback, Price Van Meter, Rose, Jonathan Derek, Snowden, Kenneth A

Overview

\"Well Worth Saving tells the story of the disastrous housing market during the Great Depression and the extent to which an immensely popular New Deal relief program, the Home Owners' Loan Corporation (HOLC), was able to stem foreclosures by buying distressed mortgages from lenders and refinancing them. Drawing on historical records and modern statistical tools, Price Fishback, Jonathan Rose, and Kenneth Snowden investigate important unanswered questions to provide an unparalleled view of the mortgage loan industry throughout the 1920s and early '30s. Combining this with the stories of those involved, the book offers a clear understanding of the HOLC within the context of the housing market in which it operated, including an examination of how the incentives and behaviors at play throughout the crisis influenced the effectiveness of policy.\" -- Publisher's description.

• Publisher: The University of Chicago Press
• Subject: Home Owners' Loan Corporation History. / Mortgage loans United States History 20th century. / Home ownership United States History 20th century. / New Deal, 1933-1939.
• ISBN: 9780226082448, 022608244X

Item info:

1 item available

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Holdings :

Call Number	Copies	Material	Location
HG3729.U5 F57 2013	1	BOOK	BUSINESS