Which programs people refinance their mortgages at lower interest rates so as to avoid bankruptcy?

Home Owners Loan Corporation program helped people refinance their mortgages at lower interest rates so as to avoid bankruptcy. This program is created under the administration of Franklin D. Roosevelt. The main task of this federal agency is to refinance mortgages at home that have a risk of closure because of the downfall of industrial housing. The Home Owners Loan Corporation (HOLC) buy mortgages that are old from banks with bonds from the government which is funded by the capital market and treasury department.

answer; i do believe that the correct answer is ; ///are valued more highly than their cost;

wheres the chart? so i can answer.