<P> The Farm Credit Act of 1933 provides for organizations within the Farm Credit Administration . The Farm Credit Act of 1933 was part of President Franklin D. Roosevelt 's New Deal , to help farmers refinance mortgages over a longer time at below - market interest rates at regional and national banks . This helped farmers recover from the Dust Bowl . The Emergency Farm Mortgage Act loaned funds to farmers in danger of losing their properties . The campaign refinanced 20 % of farmer 's mortgages . </P>
<P> The Farm Credit Act of 1933 provides for organizations within the Farm Credit Administration . The Farm Credit Act of 1933 was part of President Franklin D. Roosevelt 's New Deal , to help farmers refinance mortgages over a longer time at below - market interest rates at regional and national banks . This helped farmers recover from the Dust Bowl . The Emergency Farm Mortgage Act loaned funds to farmers in danger of losing their properties . The campaign refinanced 20 % of farmer 's mortgages . </P>
what did the fca do in the new deal
what did the fca do in the new deal
help farmers refinance mortgages over a longer time at below - market interest rates at regional and national banks
help farmers refinance mortgages over a longer time at below - market interest rates at regional and national banks