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LEADER: 02835cam a2200421 i 4500
001 2013015699
003 DLC
005 20140403152506.0
008 130418t20132013ilua b 001 0 eng c
010 $a 2013015699
020 $a9780226082448 (cloth : alkaline paper)
020 $a022608244X (cloth : alkaline paper)
020 $z9780226082585 (e-book)
040 $aICU/DLC$beng$cICU$erda$dDLC
042 $apcc
043 $an-us---
050 00 $aHG3729.U5$bF57 2013
082 00 $a332.7/220973$223
100 1 $aFishback, Price Van Meter.
245 10 $aWell worth saving :$bhow the new deal safeguarded home ownership /$cPrice Fishback, Jonathan Rose, and Kenneth Snowden.
264 1 $aChicago ;$aLondon :$bThe University of Chicago Press,$c[2013]
264 4 $c©2013
300 $axiv, 173 pages :$billustrations ;$c24 cm.
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
490 0 $aMarkets and governments in economic history
490 0 $aNBER series on long-term factors in economic development
504 $aIncludes bibliographical references (pages 161-166) and index.
505 0 $aIntroduction -- The patchwork mortgage market in the 1920s -- The mortgage crisis -- Pressures for government action -- The economic rationale for the HOLC -- An HOLC primer -- The lenders' good deal -- The borrowers' good deal -- Repairing mortgage and housing markets -- The cost to taxpayers and subsidies to the housing market -- Conclusion -- Appendix: -- Walking through the analysis of the impact of the HOLC.
520 $a"Well Worth Saving tells the story of the disastrous housing market during the Great Depression and the extent to which an immensely popular New Deal relief program, the Home Owners' Loan Corporation (HOLC), was able to stem foreclosures by buying distressed mortgages from lenders and refinancing them. Drawing on historical records and modern statistical tools, Price Fishback, Jonathan Rose, and Kenneth Snowden investigate important unanswered questions to provide an unparalleled view of the mortgage loan industry throughout the 1920s and early '30s. Combining this with the stories of those involved, the book offers a clear understanding of the HOLC within the context of the housing market in which it operated, including an examination of how the incentives and behaviors at play throughout the crisis influenced the effectiveness of policy." --$cPublisher's description.
610 20 $aHome Owners' Loan Corporation$xHistory.
650 0 $aMortgage loans$zUnited States$xHistory$y20th century.
650 0 $aHome ownership$zUnited States$xHistory$y20th century.
650 0 $aNew Deal, 1933-1939.
700 1 $aRose, Jonathan Derek.
700 1 $aSnowden, Kenneth A.
830 0 $aMarkets and governments in economic history.