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  2. Home Owners' Loan Corporation - Wikipedia

    en.wikipedia.org/wiki/Home_Owners'_Loan_Corporation

    The Home Owners' Loan Corporation (HOLC) was a government-sponsored corporation created as part of the New Deal.The corporation was established in 1933 by the Home Owners' Loan Corporation Act under the leadership of President Franklin D. Roosevelt. [2]

  3. Homeowners Refinancing Act - Wikipedia

    en.wikipedia.org/wiki/Homeowners_Refinancing_Act

    The act, which went into effect on June 13, 1933, provided mortgage assistance to homeowners or would-be homeowners by providing them money or refinancing mortgages. [2] [3] [4] Sponsored by Senate Majority Leader Joe T. Robinson of Arkansas, it also created the Home Owners' Loan Corporation (HOLC), building on Herbert Hoover's Federal Loan ...

  4. Redlining - Wikipedia

    en.wikipedia.org/wiki/Redlining

    In 1935, the Federal Home Loan Bank Board (FHLBB) asked the Home Owners' Loan Corporation (HOLC) to look at 239 cities and create "residential security maps" to indicate the level of security for real-estate investments in each surveyed city. On the maps, the newest areas—those considered desirable for lending purposes—were outlined in ...

  5. Should you use a home equity loan to pay for medical bills? - AOL

    www.aol.com/finance/home-equity-loan-for-medical...

    At a glance: HELoan vs. HELOC vs. cash-out refinance. Home equity loan. Home equity line of credit. Cash-out refinance. Loan proceeds. Lump sum payment

  6. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    These agencies included the Home OwnersLoan Corporation (HOLC) and Federal Housing Administration (FHA). HOLC and FHA conducted extensive evaluations of neighborhoods to assess their investment risk, a practice known as "redlining," which took into consideration the racial composition of residents. [23]

  7. HELOC and home equity loan requirements in 2024 - AOL

    www.aol.com/finance/heloc-home-equity-loan...

    To qualify for a home equity loan or line of credit, you’ll typically need at least 20 percent equity in your home. Some lenders allow for 15 percent. You’ll also need a solid credit score and ...

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