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Home Owners' Loan Corporation - translation to russian
GOVERNMENT-SPONSORED CORPORATION
HOLC; Home Owners Loan Corporation; Holc; Home Owner's Loan Corporation
Home Owners' Loan Corporation
Корпорация кредитования домовладельцев (США)
Federal Home Loan Mortgage Corporation
GSE ENTREPRISE
Federal Home Loan Mortgage Corporation (Freddie Mac); Federal Home Loan Mtg.; FHLMC; Freddie mac; Freddy Mac; Freddie Mac Foundation; FHMC; Federal Home Loan Mortgage Corporation
Федеральная корпорация жилищного ипотечного кредита (США)
Freddie Mac
GSE ENTREPRISE
Federal Home Loan Mortgage Corporation (Freddie Mac); Federal Home Loan Mtg.; FHLMC; Freddie mac; Freddy Mac; Freddie Mac Foundation; FHMC; Federal Home Loan Mortgage Corporation
амер. разг. Федеральная корпорация жилищного ипотечного кредита и её ценные бумаги (см. тж. Federal Home Loan Mortgage Corporation)
Definition
Интернэшонал Телефон Энд Телеграф Корпорейшен
("Интернэ́шонал Те́лефон Энд Те́леграф Корпоре́йшен")
см. в ст. Электротехнические и электронные монополии.
Wikipedia
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. Its purpose was to refinance home mortgages currently in default to prevent foreclosure, as well as to expand home buying opportunities.
Since Kenneth T. Jackson's work in the 1980s, scholars have increasingly portrayed HOLC as a key promoter of redlining and a driver of racial residential segregation and racial wealth inequality in the United States.
Examples of use of Home Owners' Loan Corporation
1. The Home Owners‘ Loan Corporation (HOLC) was one such successful temporary intervention; its help in the 1'30s mortgage crisis holds lessons that are still relevant.
2. Some (myself included) have advanced the idea of re–creating the Home Owners‘ Loan Corporation, a government–backed entity that addressed similar challenges during the Depression by trading government debt for that of thrifts and then offering modifications to homeowners.
3. The Home Owners‘ Loan Corporation, as it is called, would offer to buy mortgages at steep discounts from mortgage firms and banks and then rework the loans based on the reduced value of the properties, making the payments more manageable for homeowners.
