Resolution Trust Corporation

E319790

The Resolution Trust Corporation was a U.S. government-owned asset management company established to resolve failed savings and loan institutions during the late-1980s and early-1990s financial crisis.

All labels observed (1)

Label Occurrences
Resolution Trust Corporation canonical 10

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf United States federal agency ⓘ
asset management company ⓘ
defunct organization ⓘ
government-owned corporation ⓘ
public sector organization ⓘ
appliesToJurisdiction United States ⓘ
appliesToTaxon savings and loan association ⓘ
country United States ⓘ
dissolutionReason completion of statutory mandate ⓘ
dissolved 1995 ⓘ
fieldOfWork asset disposition ⓘ
bank resolution ⓘ
financial crisis management ⓘ
financedBy Resolution Funding Corporation ⓘ
U.S. Treasury ⓘ
foundedBy United States Congress ⓘ
handles insolvent thrift assets ⓘ
hasEffect liquidation of failed thrift institutions ⓘ
sale of real estate and loan portfolios ⓘ
hasPart regional asset management offices ⓘ
headquartersLocation Washington, D.C. ⓘ
inception 1989 ⓘ
industry asset management ⓘ
financial services ⓘ
jurisdiction United States federal government ⓘ
legalBasis Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ⓘ
locatedInTheAdministrativeTerritorialEntity District of Columbia ⓘ
mainSubject savings and loan crisis ⓘ
notableWork resolution of hundreds of failed thrifts ⓘ
operatedBy United States government ⓘ
operatingPeriod early 1990s ⓘ
late 1980s ⓘ
operationalScope nationwide in the United States ⓘ
ownedBy United States government ⓘ
purpose dispose of assets of insolvent thrifts ⓘ
resolve failed savings and loan institutions ⓘ
stabilize the savings and loan industry ⓘ
regulates failed savings and loan institutions ⓘ
replaced Federal Savings and Loan Insurance Corporation ⓘ
replacedBy Federal Deposit Insurance Corporation ⓘ
shortName RTC ⓘ
significantEvent early-1990s savings and loan crisis ⓘ
late-1980s savings and loan crisis ⓘ
subsidiaryOf Federal Deposit Insurance Corporation ⓘ
uses asset securitization ⓘ
auctions of real estate and loans ⓘ
bulk asset sales ⓘ

How these facts were elicited

Referenced by (10)

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

Federal Savings and Loan Insurance Corporation → replacedBy → Resolution Trust Corporation ⓘ
Public Law 101-73 → creates → Resolution Trust Corporation ⓘ
Whitewater controversy → involves → Resolution Trust Corporation ⓘ
L. William Seidman → employer → Resolution Trust Corporation ⓘ
FIRREA → establishedEntity → Resolution Trust Corporation ⓘ
Resolution Trust Corporation → fullName → Resolution Trust Corporation ⓘ
subject linked to: RTC
Resolution Funding Corporation → beneficiary → Resolution Trust Corporation ⓘ
Resolution Funding Corporation → relatedToAgency → Resolution Trust Corporation ⓘ