Which of the following financial institutions were originally established to provide mortgage loans to depositors?

Question

Quizplus · Accepted Answer

Savings and loan associations were originally established to provide mortgage loans to their depositors. Commercial banks provide a wide range of financial services and products, including mortgage loans, but their primary focus is not on mortgages. Internet banks and credit unions may also offer mortgage loans, but they were not specifically established for this purpose.

Which of the Following Financial Institutions Were Originally Established to Provide