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People may have been critical about this because money was taken to help them keep there house and live in it.

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There goal was to refinance homes and to prevent foreclosures.

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This corporation was a success due to that the citizens did get to stay ion there homes.

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This showed what would have happened to many people if they did not get loans.

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Home Owners Loan Corporation (HOLC) by Soyeon Shim

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TOUCH this image to discover its story. Image tagging powered by ThingLink

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They had issued bonds to citizens who were having trouble paying there mortgage.

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This corporation was established in 1933 by the Home Owners Corporation Act.

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This highlights the reality of how this corporation hgelped solve these problems.

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It had reconstructed loans and provided lower interest rates and they had used federal funding to ensure the peoples houses.

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This demonstrated how this corportaction worked.

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The New Deal had created the Home Owners Loan Corporation ans it was a government sponsored and created by Franklin D. Roosevelt.