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What is a secondary mortgage 2024?

Ethan Cook | 2023-05-07 10:59:49 | page views：1200
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Emily Stewart

Studied at University of California, Los Angeles (UCLA), Lives in Los Angeles, CA
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.
2023-05-15 10:59:49
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Samuel Rivera

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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