History Draftbeta History Draftbeta

Financial crisis of 2007–2008

Law the Garn–St. Germain Depository Institutions Act
Oct, 1982
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.