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Loan and Mortgage Terms Glossary

Consent Merger Agreement:

A type of supervisory agreement in which the board of directors of a troubled savings institution agrees to have the office of thrift supervision arrange for a merger of the troubled institution into another institution. Such arrangements were formerly called consent agreements or consent resolutions, but in the late 1980s they began to be handled as a type of supervisory agreement. See supervisory agreement.


 
     
 
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