Real Estate Glossary



  Thrifts

Thrifts are depository institutions that primarily serve consumers and include both savings banks and savings and loan (S&L) institutions. These institutions originate and service mortgage loans. A thrift may choose to hold a loan in its own portfolio or sell the loan to an investor.

 

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THE SCHACHTE COMPANY
PROVIDING PROFESSIONAL REAL ESTATE SERVICES IN THE CHARLESTON AREA FOR MORE THAN 130 YEARS.


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