Known as FIRREA, this statute’s goal were to heal the brand new public’s depend on on deals and you will mortgage community
Known as FIRREA, this statute’s goal were to heal the brand new public’s depend on on deals and you will mortgage community FIRREA abolished new Federal Offers & Financing Insurance Agency (FSLIC), and you will gave the latest FDIC obligation getting insuring the fresh new places from thrift associations when you look at the FSLIC’s set. The fresh new FDIC insurance policies financing intended to safeguards thrifts are titled this new Discounts Connection Insurance...
