Qualified thrift lender. A qualified thrift lender must meet certain tests. An institution must hold qualified thrift investments (QTIs) equal to at least 65% of its portfolio assets. QTIs include mortgage loans, home equity loans, small business loans, etc. The DFA imposes new sanctions for the failure by a savings association to comply with the QTL test. The principal change is that the one-year grace period to return to compliance is eliminated. These sanctions took effect the day after the enactment of the DFA.

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