Financial Institutions Reform, Recovery and Enforcement Act of 1989. A federal law created to improve the situation after hundreds of U.S. Savings and Loan institutions failed. This act created the Resolution Trust Corporation (RTC), a company which provided funds to the savings and loan institutions which needed help. These funds were generated by the Resolution Funding Corporation (REFCORP).
Related information about FIRREA:
- Financial Institutions Reform, Recovery, and Enforcement Act of ...
FIRREA dramatically changed the savings and loan industry and its federal regulation, including deposit insurance. The "Paulson Blueprint" summarized it in the ...
- What Is FIRREA - A Definition of the 1989 FIRREA
Explains what is FIRREA, or the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
- Title XI of FIRREA - ASC - Appraisal Subcommittee
Title XI of FIRREA, The Appraisal Subcommittee (ASC), ASC, Savings and Loan Crisis, appraisals, certification of appraisers, licensing of appraisers.
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tions,3 FIRREA was enacted to rectify existing problems in the thrift industry and to ... 4 This Note provides an overview of FIRREA, while empha- sizing salient ...
- firrea - Financial Dictionary - The Free Dictionary
Financial Institutions Reform, Recovery and Enforcement Act of 1989. Legislation in the United States passed in response to the savings and loan crisis.
- FIRREA: An Old Acronym is Turning into the ... - Schiff Hardin LLP
THE BANKING LAW. JOURNAL. VOLUME 129. NUMBER 7. JULY/AUGUST 2012. HEADNOTE: THE NEW THREAT TO BANKS FROM AN OLD. LAW. Steven A.
- FIRREA: An Old Acronym is Turning into the Government's New ...
Jun 25, 2012 ... If you are the general counsel, CFO, COO or CEO for a financial institution, large or small, please take note: there is a new litigation threat on ...
- Financial Institutions Reform, Recovery And Enforcement Act ...
The FIRREA also holds claim to the creation of the Resolution Trust Corporation, the restructuring of the regulation authority, the abolishment of the Federal ...