Capital Briefs: FDIC to Observe RTC Rights, Obligations

Most of the rules and regulations of the Resolution Trust Corp. went out the window when the thrift bailout agency closed its doors Dec. 31.

But the Federal Deposit Insurance Corp., which has taken over the RTC's remaining business, announced last week that it will observe any rights and obligations that arose under that agency's regulations before the end of 1995, and will continue to operate the RTC affordable housing program under its existing rules.

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