Description

Book Synopsis
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.

Trade Review
"For Well Worth Saving, Price Fishback, Jonathan Rose, and Kenneth Snowden have assembled compelling new data to reassess the costs and benefits of the Home Owners' Loan Corporation, developing the broader intellectual history of housing support and relating their findings to the recent financial crisis in the United States and current government programs aimed at providing relief to distressed mortgage holders. This is a well-executed and thorough work." (Kris James Mitchener, Santa Clara University)"

Well Worth Saving

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    A Hardback by Price V. Fishback, Jonathan Rose, Kenneth Snowden

    £999.99

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      Book details

      Publisher The University of Chicago Press
      Published 4 October 2013
      ISBN-13 9780226082448
      978-0226082448
      ISBN-10 022608244X
      Also in:
      Economics

      Description

      Book Synopsis
      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.

      Trade Review
      "For Well Worth Saving, Price Fishback, Jonathan Rose, and Kenneth Snowden have assembled compelling new data to reassess the costs and benefits of the Home Owners' Loan Corporation, developing the broader intellectual history of housing support and relating their findings to the recent financial crisis in the United States and current government programs aimed at providing relief to distressed mortgage holders. This is a well-executed and thorough work." (Kris James Mitchener, Santa Clara University)"

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