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Well Worth Saving: How the New Deal Safeguarded Home Ownership

Price V. Fishback, Jonathan Rose, and Kenneth Snowden

Published in print:
2013
Published Online:
May 2014
ISBN:
9780226082448
eISBN:
9780226082585
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226082585.001.0001
Subject:
Economics and Finance, Economic History

This book is an economic history of the Home Owners’ Loan Corporation (HOLC). The HOLC was government corporation created under the New Deal to refinance home mortgage loans in danger of foreclosure, ... More


Introduction

Price Fishback, Jonathan Rose, and Kenneth Snowden

in Well Worth Saving: How the New Deal Safeguarded Home Ownership

Published in print:
2013
Published Online:
May 2014
ISBN:
9780226082448
eISBN:
9780226082585
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226082585.003.0001
Subject:
Economics and Finance, Economic History

This chapter introduces the HOLC by exploring how it provided relief to one borrower, Joshua C. from Coeur D’Alene, Idaho, who faced foreclosure in 1934 due to a lower market value for his house, ... More


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