A network of investors willing to purchase mortgage loans originated by mortgage bankers.

Buying and selling of existing mortgage loans, designed to provide additional liquidity for lenders. Also see Primary Mortgage Market. The largest secondary mortgage market is the Federal National Mortgage Association (FNMA).

Buying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities.

The outlet for primary mortgages to those who buy them for investment after the original lender has completed his purchase of the loan.

This is the arena where the selling, trading and buying of existing loans among lenders and investors takes place.

Second Home Second Mortgage

The term used to describe the "market" wherein various institutions and investors purchase for investment purposes existing mortgages originated by "primary' lenders, thereby creating additional capital with which lenders may originate more new mortgage loans.

Where primary mortgage lenders sell their mortgages in order to originate more new loans.

The market where mortgages are bought and sold.

Fannie Mae, Freddie Mac, Ginnie Mae were originally chartered by the federal government to stimulate the economy by either buying or recycling packages of loans from financial institutions.

The purchase and sale of existing mortgages as investments.

The means by which existing first mortgages are bought and sold. The secondary market allows the lender to sell a loan before its maturity date, thereby providing more funds to loan.

The market wherein home loans are sold by the lender after closing to Fannie Mae, Freddie Mac or a variety of other institutional investors.

The market in which residential mortgages or mortgage securities are bought and sold.

The buying and selling of first mortgages of trust deeds by banks, insurance companies, government agencies, and other mortgagers.

The market where lenders and investors buy and sell existing mortgages or mortgage-backed securities, thereby providing greater availability of funds for additional mortgage lending.

The market in which mortgage loan and mortgage-backed securities are bought and sold.

a market in which consummated loans are sold to investors, usually at a discount, to generate additional funds for lenders to issue new loans.

Investors who purchase residential mortgages originated by lenders.

Where existing mortgages are bought and sold.

the buying and selling of first mortgages or trust deeds by banks, insurance companies, government agencies, and other mortgagees. This enables lenders to keep anadequate supply of money for new loans. The mortgages may be sold at full value ("par") or above, but are usually sold at a discount. Not to be confused with a "second mortgage."

The buying or selling of an existing mortgage.

Markets in which mortgages or mortgage-backed securities are bought and sold.

An area of the mortgage industry that packages mortgage loans to securitize.

A market where mortgage bankers securitize and sell loans, freeing up funds for continued lending and distributes mortgage funds nationally from money-rich to money poor areas.

A market in which existing mortgages and mortgage backed securities are traded.

a system whereby lenders and investors buy existing mortgages or mortgage-backed securities, and in doing so, provide greater availability of funds for additional mortgage lending by banks, mortgage bankers, and savings and loans associations.

The place where primary mortgage lenders sell the mortgages they make to obtain more funds to originate more new loans. It provides liquidity for the lenders.

A market in which existing mortgages are resold.

Market place for the sale and purchase of existing trust deeds and mortgages.

The secondary mortgage market is used by primary lenders to sell off their mortgages in order to make additional loans.

An informal market where lenders and investors buy and sell existing mortgages. Government-sponsored entities and private investors buy mortgages from lenders who use the proceeds to make additional loans.

The market in which investors purchase real estate loans from lenders (Fannie Mae, Freddie Mac and Ginnie Mae).

Market in which investors buy and sell existing mortgages.

The buying and selling of first mortgage and trust deeds by banks, insurance companies, government agencies and other mortgagees. This enables lenders to keep an adequate supply of money for new loans. The mortgages may be sold a full value (par) or above, but are usually sold at a discount.

Source to which originators of loans may sell them, freeing funds for continued lending; aids in distributing mortgage funds on a national level from money-rich to money-poor areas.

A market of packaged home loans that are resold as securities to investors. Major players are Fannie Mae and Freddie Mac.

The buying and selling of existing mortgage.

The market in which primary mortgage lenders sell their loans to obtain more funds to originate more new loans.

Refers to the purchase and sale of existing mortgages. This market is intended to provider greater leverage for lenders and increased availability of funds for borrowers.

The buying and selling of existing mortgages.

A market where mortgage originators may sell them, freeing up funds for continued lending and distributes mortgage funds nationally from money-rich to money poor areas.

The market where banks, savings & loans and mortgage bankers can sell mortgages to investors like Fannie Mae or Freddie Mac.

The means by which existing first mortgages are bought and sold. The secondary mortgage market provides a lender with an opportunity to sell a loan before its maturity date. The availability of funds for financing real estate is affected by economic conditions both local and national.

The market where lenders and investors buy and sell existing mortgages and MBS securities.

An informally constituted market that includes all activity in buying, selling and trading mortgages among originators and purchasers of whole loans and interests in blocks of loans.

A market where mortgages are bought and sold.

The market into which primary mortgage lenders sell the mortgages they make to obtain funds to originate more new loans; includes investors like Fannie Mae and Freddie Mac.

This market refers to mortgage loans that are bundled together and sold as securities to investors. This process enables more potential home buyers to obtain mortgages because more money is freed up for lending.

A market in which mortgages are bought and sold, thus providing liquidity to primary lenders, allowing them to originate more new loans.

Buying and selling of existing mortgage loans, designed to provide additional liquidity for lenders. Contrast with primary mortgage market. Also see Fannie Mae, Freddie Mac and Ginnie Mae.

A market for the purchase and sale of existing mortgages, designed to provide greater liquidity for mortgages; also called secondary money market.

The trade in home loans that are bundled together and sold as securities to investors. It frees money so more people can get mortgages.

The ability to sell mortgages, loans and savings to investors like Fannie Mae and Freddie Mac.

A market system in which investors purchase and sell existing mortgages and mortgage-backed securities and which facilitates capital formation for funding of mortgages.

The resale market where existing loans are bought and sold.

The lender will frequently sell his loan to an entity in the secondary mortgage market. This secondary market has nothing to do with second mortgages, instead, it consists of government or private associations which buy loans from primary lenders. Often the loans are bought and grouped together in a pool for resale. The best known of the participants in the secondary mortgage market is FANNIE MAE, the federal national mortgage association. Fannie Mae buys and sells both first and second mortgages. GINNIE MAE tends to favor FHA and VA loans since they are stable loans but also buys conventional mortgages.

The place where primary mortgage lenders sell existing mortgages to obtain more funds to originate new loans. The secondary mortgage market provides liquidity for the lenders security.

A market where the primary lenders can sell packaged home loans to obtain more funds to make additional loans. back