Former federal agency that was created in 1989 to oversee and regulate federal loans and savings institutions. After the savings and loans crisis of the 1980s, the agency was put in charge of helping savings and loan institutions that had become insolvent. The agency was dismantled in 1996 and the FDIC and SAIF were put in charge of the responsibilities that the RTC previously managed.
Related information about resolution trust corporation (RTC):
- Resolution Trust Corporation - Wikipedia, the free encyclopedia
The Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company run by Lewis William Seidman and charged with ...
- Resolution Trust Corporation (RTC)
The Resolution Trust Corporation (RTC) was a temporary federal agency established in 1989 to oversee the disposal of assets from failed savings and loan ...
- Resolution Trust Corporation (RTC) Definition | Investopedia
A temporary federal agency established under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), enacted on Aug. 9, 1989, to resolve ...
- FDIC: FDIC Banking Review
Apr 27, 2007... Review, and explored the period immediately following the opening of the Resolution Trust Corporation (RTC) in August 1989 through 1990.
- What is resolution trust corporation (RTC)? - InvestorWords.com
Definition of resolution trust corporation (RTC): Former federal agency that was created in 1989 to oversee and regulate federal loans and savings institutions.
- What was the Resolution Trust Corporation? - The Guardian
Sep 18, 2008 ... CNBC was the first to report plans by the US government to create a Resolution Trust Corporation (RTC) type organisation to help end the ...
- Resolution Trust Corporation (RTC) Law & Legal Definition
Resolution Trust Corporation or RTC was a temporary federal agency established to act as a receiver for insolvent federal savings and loan associations and to ...
- What is Resolution Trust Corporation (RTC)? definition and meaning
Definition of Resolution Trust Corporation (RTC): The congressional corporation established for the purpose of containing, managing, and selling failed financial ...