Historydraft LogoHistorydraft Logo
Historydraft
beta
Historydraft Logo
Historydraft
beta

Financial crisis of 2007–2008

Law the Garn–St. Germain Depository Institutions Act

Oct, 1982
U.S.

In October 1982, US President Ronald Reagan signed into , which provided for adjustable-rate mortgage loans, began the process of banking deregulation, and contributed to the savings and loan crisis of the late 1980s/early 1990s.


<