Concept information
Preferred term
savings and loan industry
Definition
- The savings and loan (S&L) industry consists of financial institutions that specialize in home mortgage finance. It began in 1831 as a way to help people of limited financial means become homeowners and has played a key role in the development of residential lending in America. [Source: The Encyclopedia of Housing; Savings and Loan Industry]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-LNFSK05P-1
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