Kermit Bloomgarden Papers, 1938-1977

Biography/History

Henry C. Friend served as an Associate Attorney (Examining) in the Examining Division of the Chicago Regional Office of the Home Owners Loan Corporation from November 19, 1934 until April 30, 1936. The Home Owners Loan Corporation (HOLC) was a temporary government agency established under the Federal Home Loan Bank Board to make mortgage loans to homeowners whose property was threatened by foreclosure. The Chicago Regional Office was responsible for reviewing all loans made in Illinois and Wisconsin. During his tenure, Mr. Friend was responsible for considering conveyancing questions and interpreting and applying government regulations to loans reviewed by this office.