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MORTGAGED HOMES

FORECLOSURE DEPRECATED BANKS TO GIVE RELIEF NEW YORK, Oct. 17 The United States Federal Home Loan Board has opened 12 regional banks with the announcement that, foreclosure on Sound home mortgages should cease. These banks, spread over the entire country, have a reservoir of 1,500,000,000 dollars for potential home-financing credit. Relief will thus be brought to thousands of harassed home-owners. Canada is considering similar legislation.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19321028.2.98

Bibliographic details

New Zealand Herald, Volume LXIX, Issue 21325, 28 October 1932, Page 11

Word Count
67

MORTGAGED HOMES New Zealand Herald, Volume LXIX, Issue 21325, 28 October 1932, Page 11

MORTGAGED HOMES New Zealand Herald, Volume LXIX, Issue 21325, 28 October 1932, Page 11