The present invention relates to hydrolytically stable multi-purpose polymers that are polymerized from a monomer mixture comprising: at least one amino-substituted meth(acrylate) (ASMA) monomer or salt thereof; and at least one nonionic vinyl (NIV) monomer, wherein the monomer mixture optionally comprises one or more of at least one vinyl associative (VA) monomer; at least one vinyl surfactant (VS) monomer; and/or at least one polymerizable silicone macromer (PSM) and wherein the monomer mixture further optionally comprises one or more of at least one crosslinking (XL) monomer; at least one chain transfer agent (CTA); and/or at least one polymeric stabilizer. The multi-purpose polymers of the present invention can also be prepared from monomer mixtures containing chain transfer agents or other functional components commonly utilized in polymerization process.