Word: holc
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...feat may be finally debunked by reflection on the probable state of Kansas' finances if the Federal budget had been balanced since 1933, thus depriving dust, drought and Depression-stricken Kansas of the $400,000,000 of Federal money which has poured in from such sources as RFC, HOLC and FCA loans, AAA checks and Relief...
...always been called "Spence" and has never been known in Salt Lake City as "Fifth," his claim to the title was thoroughly justified. His grandfather, the first Brigham Spencer Young, is, at 77, a Salt Lake City court bailiff. His father, B. Spencer Young, is an employe of HOLC. Brigham V, popular but not too pious, accepted his mission call with good grace. While the other missionaries were holding a religious meeting in a Manhattan street last week, he confessed: "I didn't go. Another fellow and I went over to the Hollywood Restaurant instead. I thought...
...first New Deal agencies was Home Owners' Loan Corp., formed to furnish urban mortgage relief by issuing its bonds in exchange for distress mortgages. Under John H. Fahey, a New England publisher, banker and shipbuilder, HOLC has lifted almost one-fifth of the U. S. home-mortgage burden, has brought relief to 862,000 small homeowners. Last November, with $2,000,000,000 of its $3,000,000,000 capitalization already dispersed and 400,000 cases pending to use up the rest, HOLC suspended all applications for loans. By March, 30% of HOLC's debtors were...
Last week Congress passed and, without comment or ceremony. President Roosevelt signed, a bill providing HOLC with another $1,750,000,000 for further Federal mortgage lifting. For the next 30 days HOLC's credit doors will again be open to qualified applicants...
Washington, April 12--The Senate late today approved the HOLC Bill, second "must" measure on the Administration Program, and soon an additional $1,750,000,000 will be available to distresed home owners throughout the nation...