Home Owner's Loan Corporation
A. The year the program started/ended? 1933-1951
The acronym is: (HOLC)
Stealing money!!
Bank owns it now!
Homeowner could pay the money it need so it had to get foreclosed
Your in fore-closure now!
Was it relief, recovery, or reform? RECOVERY
Who was it supposed to help? In mortgage debt and unemployed people
Who did it not HELP? It ddn't help high income people and people that didn't have mortgage loans.
How successful was it? It got people out of mortgage debt
Who is the leader of the program? President Roosevelt.