holc

holc

1. A new HOLC will be the macro equivalent of creating a large “bad bank” where the bad assets of financial institutions are taken off their balance sheets and restructured/reduced.

一个新的HOLC从宏观上看等同于建立一个大的银行专门收购金融机构手中的不良资产，把它们从资产负债表上清除出去，从而进行重组。

2. That is why I proposed the creation of a HOME (Home Owners' Mortgage Enterprise) that would be a combination of an RTC, a HOLC and a RFC.

因此我提议采用一个由RTC，HOLC，RFC共同组成的方案：HOME（房屋业主抵押贷款方案）。