In case your average financing refinanced was $two hundred,one hundred thousand therefore we refinance half the latest applications, brand new U Will eventually anywhere between 1936 and 1940, new HOLC owned and resold more or less 2 percent of your owner-occupied nonfarm dwellings in america. Every homes was basically sooner or later sold regarding from the the typical loss of 33 percent for every foreclosures. Men and women have claimed that HOLC generated money, while this is a good fiction…