Webster's Online Dictionary
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Specialty Expressions: HOME OWNERS' LOAN CORPORATION

ExpressionsDomainDefinition
Home Owners' Loan CorporationFinanceA federally chartered corporation established in 1933 and administered by the Federal Home Loan Bank Board to refinance mortgages of economically distressed homeowners. The HOLC legally expired in 1954. (HOLC). (references)

Source: compiled by the editor from various references; see credits.

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