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President Truman Meets with the Home Owners' Loan Corporation Officials

President Harry S. Truman (seated) receives check from the Home Owners' Loan Corporation (HOLC) representing the remaining funds of the HOLC after all obligations have been paid and doors have been closed. Standing (L to R): J. Stanley Baughman, Manager HOLC; J. Alston Adams, Republican Member Federal Home Loan Bank Board (FHLBB); Raymond Foley, Administrator, Housing and Home Finance Agency; John Snyder, Secretary of the Treasury; Oscar Kent LaRoque, Democratic Member FHLBB; William Divers, Chairman of the FHLBB; John Fahey, Chairman of the HOLC.