Prompt: A thrift is by definition a depository institution that specializes in mortgage lending. The thrift industry
Fantastic news! We've Found the answer you've been seeking!
Question:
Prompt: A thrift is by definition a depository institution that specializes in mortgage lending. The thrift industry consists of savings banks and savings and loan associations. Credit unions are nonprofit entities composed of members with common affiliation among the members. There is a significant difference in the types of ownership of savings institutions. Discuss the two types of thrift ownership and the ownership of credit unions.
Related Book For
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Posted Date: