Respuesta :
The secondary mortgage market buys loans from the primary market. The secondary market purchases loans from primary lenders and helps keep credit available to loan originators.
The secondary mortgage marketplace is a market wherein traders purchase and sell mortgages packaged into bundles with many man or woman loans. creditors originaand te loans then place them for sale on the secondary marketplace. Investors who purchase those loans get hold of the proper to acquire the money owed.
A secondary mortgage is a loan offered on the secondary mortgage market. The practice of promoting mortgages permits creditors to preserve lending and preserve the value of borrowing down.
The aim of the secondary loan marketplace is to offer a reliable source of cash that alleviates some of the dangers associated with proudly owning a loan. While mortgages are bought inside the secondary mortgage market, many are packaged into loan-subsidized securities (MBS).
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