Definitions for "Secondary Mortgage Market"
Secondary mortgage market institutions typically issue forward commitments. They include: Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, government National Mortgage Association, and private secondary mortgage market firms.
An economic marketplace where mortgage bankers buy and sell existing mortgages.
Trading of packaged home loans that are resold as securities to investors, most often Freddie Mac and Fannie Mae.
Keywords:  section, offering
Secondary Offering Section 423