The Office of Thrift Supervision (OTS) was a regulatory agency that supervised and regulated thrift institutions in the United States. Created by FIRREA, the OTS was later integrated into other regulatory bodies.
An in-depth look at the Savings and Loan Crisis, a financial disaster in the 1980s involving the collapse of many thrift institutions, leading to major regulatory reforms.
Thrift Institutions, including Savings and Loan Associations, are financial institutions primarily focused on accepting savings deposits and making mortgage and other loans.
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