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What is a secondary mortgage market 2024?

Harper Morris | 2023-05-07 10:59:38 | page views：1187
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Oliver Wilson

Works at the International Finance Corporation, Lives in Washington, D.C., USA.
The Secondary Mortgage Market is where home loans and servicing rights are bought and sold between lenders and investors. Most home loans in the US are eventually sold to the secondary mortgage market. When a consumer obtains a home loan, that loan is underwritten, funded and serviced by a bank or lending institution.
2023-05-16 10:59:38
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Oliver Davis

QuesHub.com delivers expert answers and knowledge to you.
The Secondary Mortgage Market is where home loans and servicing rights are bought and sold between lenders and investors. Most home loans in the US are eventually sold to the secondary mortgage market. When a consumer obtains a home loan, that loan is underwritten, funded and serviced by a bank or lending institution.
Secondary Mortgage Market Definition | findwell
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