[OTS] 1-4 Family Charge-Offs Rise Significantly, March Madness Continues

The Office of Thrift Supervision (OTS) is the US Treasury department regulates the S&L industry. It was created in 1989 after the S&L crisis and is the by-product of FIRREA which also created appraiser licensing (the acronym does not stand for Finally I can be a Rich Real Estate Appraiser, that many appraisers sarcastically joked about nearly 20 years ago).
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Original Source: matrix.millersamuel.com

  24 March, 2008| housingblogs | @ 5:26

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