RTC

E1039783

RTC was a U.S. government-owned asset management company created in 1989 to resolve the savings and loan crisis by liquidating insolvent thrifts and disposing of their assets.

All labels observed (1)

Label Occurrences
RTC canonical 3

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal government agency ⓘ
government-owned asset management company ⓘ
alsoKnownAs RTC ⓘ
assetDispositionMethods auctions ⓘ
bulk sales ⓘ
securitizations ⓘ
country United States ⓘ
createdInResponseTo widespread insolvency of savings and loan institutions in the 1980s ⓘ
dateFounded 1989 ⓘ
dissolved 1995 ⓘ
foundedBy United States Congress ⓘ
fullName Resolution Trust Corporation ⓘ
function asset liquidation ⓘ
asset management ⓘ
receivership of failed thrifts ⓘ
governance board of directors ⓘ
governmentOwnership wholly owned by the U.S. government ⓘ
handledAssetTypes mortgage-backed assets ⓘ
other financial assets ⓘ
real estate loans ⓘ
real estate owned properties ⓘ
handledInstitutionType savings and loan association ⓘ
thrift institution ⓘ
headquartersLocation Washington, D.C. ⓘ
industry financial services ⓘ
jurisdiction United States ⓘ
legalBasis Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ⓘ
mainActivity management and disposition of assets of failed thrifts ⓘ
resolution of insolvent savings and loan institutions ⓘ
notableImpact reduced number of savings and loan institutions in the United States ⓘ
restructured the U.S. thrift industry ⓘ
operationalStatus defunct ⓘ
oversightBy Federal Deposit Insurance Corporation ⓘ
United States Congress ⓘ
parentOrganization United States government ⓘ
purpose dispose of assets of failed thrifts ⓘ
liquidate insolvent savings and loan associations ⓘ
resolve the savings and loan crisis ⓘ
regulatoryContext U.S. thrift industry regulation ⓘ
relatedOrganization Federal Savings and Loan Insurance Corporation ⓘ
relatedToEvent savings and loan crisis ⓘ
replaced some functions of the Federal Savings and Loan Insurance Corporation ⓘ
sector public sector ⓘ
shortName RTC ⓘ
successor Federal Deposit Insurance Corporation ⓘ
timePeriod early 1990s ⓘ
late 1980s ⓘ
typeOfCrisisAddressed banking crisis ⓘ
financial crisis ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Resolution Trust Corporation → shortName → RTC ⓘ
subject linked to: RTC
Resolution Trust Corporation → alsoKnownAs → RTC ⓘ
subject linked to: RTC