Franklin Roosevelt actually said...

The purpose of such legislation, as in the case of farm financing, will be to assure the continued progress on a self-sustaining basis of the making of loans for the purpose of refinancing home mortgages without interruption.

Context

Message to Congress Recommending Legislation to Guarantee Principal on Home Owners Loan Bonds

02/28/1934

https://www.presidency.ucsb.edu...

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