26 9 月 Cost Cost Savings and Loans, S&L History and Operations. How They Change From Other Banking Institutions
Cost cost Savings and Loans (S&Ls) are specialized banks created to market affordable homeownership. They manage to get thier title by funding mortgages with cost savings which can be insured by the Federal Deposit Insurance Corporation. Historically, they've provided greater prices on cost savings reports to attract more deposits, which increases their capability to supply mortgages.