Uintah Basin Record | 1932-04-08 | Page 2 | The Mortgage Debt

The Mortgage Debt The farm mortgage debt In the United States Is estimated at 9 0 U- U January 1 I 1930 1030 which Is s a decline of 24 per cent from the peak peal of farm mortgage debt in 1928 1028 according to the United Slates Department Department De De- of Agriculture The l.-he farm mortgage total in 1920 1020 was It L Is pointed out that substantial substantial sub sub- amounts of the decrease since 1928 1028 have been due to foreclosure foreclosure foreclosure fore fore- closure of ot mortgaged farms and to scaling down of loans lonus as a condi condition ton tion of ot renewals