Its purpose was to refinance homes to prevent foreclosure. It was used to extend loans from shorter loans to fully amortized, longer term loans typically 20-25 years. Through its work it granted long term mortgages to over a million people facing the loss of their homes.
Fashion-
Women wore long halter topped dresses, lace frocks, negligees, and corsets. Men wore suits with a matching top hat and over coats.
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