DIDMCA


Also found in: Financial.
AcronymDefinition
DIDMCADepository Institutions Deregulation and Monetary Control Act
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References in periodicals archive ?
DIDMCA, in part, cleared a path for the rise of the subprime housing
The FDIC (1997) attributes the Gam-St Germain Act (1982) to the recognition that, despite the DIDMCA of 1980, the thrift industry continued to deteriorate and by 1982 was in crisis.
DIDMCA 1980 was deregulatory in the sense that it repealed Regulation Q (the interest-rate ceiling on time deposits implemented by the Banking Act of 1933).
Banks were able to meet this competition in 1980 when DIDMCA allowed them to offer NOW accounts.
Aharony, Saunders, and Swary (1988) observe that total risk increased following the DIDMCA banking deregulation but that systematic risk declined following deregulation.
of growth would have occurred without the deregulatory actions in DIDMCA
Some payday lenders have taken advantage of the NBA and DIDMCA to avoid the usury laws of the state in which they do business.
Although the subprime mortgage market emerged in the early 1980s with the adoption of DIDMCA, AMTPA, and TRA, subprime lending rapidly grew only after 1995, when MBS with subprime-loan collateral become more attractive to investors.
The favorable results for M1S and M1RS suggest that the significant short-run portfolio readjustments due to the DIDMCA and related legislation may have been resolved, and long-run stability can again be reflected in the data.
In 1980, the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) was passed.
Deregulation of the financial service industries effectively began in 1980 under provisions of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA).
The year brought forth two arguably influential events in this area--the passage of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) along with the thorough redefinitions of money.