Refinanced or reshaped the terms of mortgages to make the payments more manageable.
New Deal Agencies

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History
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11th Grade
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1.
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Home Owners' Loan Corporation (HOLC)
2.
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Gave jobs building dams, bridges, and buildings (post offices).
Back
Public Works Administration (PWA)
3.
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To insure bank deposits up to $5,000.
Back
Federal Deposit Insurance Corporation (FDIC)
4.
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Attempted to raise farm prices by paying farmers to lower farm output.
Back
Agricultural Adjustment Administration (AAA)
5.
FLASHCARD QUESTION
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Regulated the stock market and protected investors from dishonest trading practices.
Back
Securities and Exchange Commission (SEC)
6.
FLASHCARD QUESTION
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Worked with industries to establish codes outlining fair business and labor practices.
Back
National Recovery Administration (NRA)
7.
FLASHCARD QUESTION
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Made collective bargaining (unions) legal, but companies did not have to accept union demands.
Back
Wagner Act / National Labor Relations Board (NLRB)
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