Home Owners' Loan Corporation

E949

The Home Owners' Loan Corporation was a New Deal-era U.S. government agency created during the Great Depression to refinance home mortgages, prevent foreclosures, and stabilize the housing market.

AI illustration

How this image was made

AI-generated illustration of Home Owners' Loan Corporation

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Home Owners' Loan Corporation (The Home Owners' Loan Corporation was a New Deal-era U.S. government agency created during the Great Depression to refinance home mortgages, prevent foreclosures, and stabilize the housing market.)

All labels observed (2)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf New Deal agency ⓘ
government agency ⓘ
activity issuing long-term, low-interest loans to homeowners ⓘ
purchasing distressed home mortgages from private lenders ⓘ
refinancing mortgages on more favorable terms ⓘ
appliesToJurisdiction federal jurisdiction of the United States ⓘ
archivesAt U.S. National Archives ⓘ
associatedWith redlining ⓘ
country United States ⓘ
createdDuring Great Depression ⓘ
dissolved 1954 ⓘ
financedBy U.S. Treasury ⓘ
federal government bonds ⓘ
foundedBy United States federal government ⓘ
governmentBranch executive branch of the United States government ⓘ
hasConsequence expanded use of long-term fixed-rate mortgages in the U.S. ⓘ
hasEffectOn homeownership patterns in the United States ⓘ
racial segregation in housing markets ⓘ
hasProgramType mortgage relief program ⓘ
headquartersLocation Washington, D.C. ⓘ
historicalRole stabilizing the U.S. housing finance system during the Great Depression ⓘ
impact contributed to long-term changes in U.S. mortgage markets ⓘ
reduced home foreclosure rates in the 1930s ⓘ
inception 1933 ⓘ
industry housing finance ⓘ
mortgage lending ⓘ
legalBasis Home Owners' Loan Act of 1933 ⓘ
locatedInTime 20th century ⓘ
mainPurpose prevent home foreclosures ⓘ
refinance home mortgages ⓘ
stabilize the housing market ⓘ
notableFor introduction of standardized long-term amortized mortgages ⓘ
large-scale mortgage refinancing during the Great Depression ⓘ
use of residential security maps ⓘ
operatedIn United States ⓘ
parentOrganization Federal Home Loan Bank Board ⓘ
partOf New Deal ⓘ
policyArea economic recovery policy ⓘ
housing policy ⓘ
regulates terms of refinanced home mortgages ⓘ
replacedBy private mortgage market institutions ⓘ
supervisedBy Federal Home Loan Bank Board ⓘ
timePeriod New Deal era ⓘ
linked to: New Deal
usedInstrument federally backed mortgage refinancing ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

New Deal → hasPart → Home Owners' Loan Corporation ⓘ
Home Owners' Loan Act of 1933 → created → Home Owners' Loan Corporation ⓘ
Home Owners' Loan Act of 1933 → implementedBy → Home Owners' Loan Corporation ⓘ
Housing and Home Finance Agency → coordinateWith → Home Owners’ Loan Corporation ⓘ
linked to: Home Owners' Loan Corporation