Word: mortgagee
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Dates: during 1930-1939
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¶ Passed (383-to-4) a bill to create a Home Owners' Loan Corp. for refinancing mortgages of $10,000 or less on homes valued at $15,000 or less; sent it to the Senate. The Treasury would subscribe $200,000,000 to the capital of the corporation which...
¶ Passed (64-to-20) the farm relief & mortgage bill with the currency inflation amendment; sent it to conference (see col. 2).
These deflationary measures were only one-half of the comprehensive plan President Roosevelt had worked out to put the U. S. back on its feet. The other half called for a much-greater-than-Hoover program of credit expansion-the spending of billions of dollars in public works, mortgage refinancing...
If the bill passes, John Homeowner may apply to Home Owners Loan Corp. for a review of his case. No case in which the mortgage covers more than 80% of the value of the property will be considered. Home Owners Loan Corp. would offer the mortgage holder perhaps $6,000...
¶ Passed (387-10-12) a $2,000,000,000 farm mortgage, relief bill after defeating (19640-43) a proposal to finance the measure by currency inflation; sent it to the Senate where a similar bill was pending as an amendment to the three-way farm relief bill (see below...