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Diane Publishing Books
Primer on Farm Mortgage Debt Relief Programs during the 1930s
Jonathan Rose (au)
Farm Mortgage Debt Relief Programs were the first large-scale mortgage loan modification efforts in U.S. history, along with the Home Ownersäó» Loan Corporation (HOLC), an analogous program for nonfarm residential home mortgage borrowers which has been the subject of some study in recent years. These Depression-era programs offer interesting policy precedents, as the principles of loan modification during the 1930s are still quite relevant in the modern day. This paper describes New Deal farm mortgage debt relief programs, implemented through the Federal Land Banks and the Land Bank Commissioner. Figures and tables. This is a print on demand report.
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