Glossary/S&L: Difference between revisions

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S&Ls are *S*avings and *L*oan depository institutions, also known as thrifts. The principle purpose of these institutions is to make mortgage loans.
S&Ls are '''S'''avings and '''L'''oan depository institutions, also known as thrifts. The principle purpose of these institutions is to make mortgage loans.

Revision as of 02:50, 9 August 2024

S&Ls are Savings and Loan depository institutions, also known as thrifts. The principle purpose of these institutions is to make mortgage loans.