HOLC

homes." (224) The HOLC was largely successful in its mission, but

HOLC focused on repairing banks' balance sheets rather than those of homeowners.

(6.) For details about FHA and HOLC discrimination practices, and redlining in particular, see Jackson 1985, 190-218 and Roediger 2005, 224-34.

Meanwhile, the HOLC drafted a series of "residential security maps" which were intended to guide mortgage lending activity.

Holc, "Mechanochemical synthesis of NaNb[O.sub.3], KNb[O.sub.3] and [K.sub.0.5][Na.sub.0.5]Nb[O.sub.3]," Science of Sintering, vol.

In the 1930s, the Home Owners Loan Corporation (HOLC)

The first was foreclosures: the Home Owners Loan Corporation (HOLC) allowed creditors to exchange mortgages that were in danger of foreclosure for long term bonds, and gave homeowners the opportunity to refinance mortgages for terms to up to fifteen years, resulting in lower monthly payments.

Holc et al., "Electromechanical properties of piezoelectric integrated structures on porous substrates," Ferroelectrics, vol.

The Ohioan favored such capital loan programs as those promoted by the Reconstruction Finance Corporation (RFC), the Farm Loan Boards, and the Home Owners' Loan Corporation (HOLC).

Launched in 1933, the Home Owners Loan Corporation (HOLC) stopped the free fall in house prices by swapping government bonds for past due mortgages held by lenders, averting massive numbers of foreclosures and steadying the nation's housing markets.