The segment of the mortgage market where mortgages are resold, not where mortgages are originated. Mortgages in this market are often grouped together into tranches based on risk, size and structure, and are then sold as a collateralized debt obligation, mortgage-backed security or other type of derivative.
Related information about secondary mortgage market:
- Secondary mortgage market - Wikipedia, the free encyclopedia
The secondary mortgage market is the market for the sale of securities or bonds collateralized by the value of mortgage loans. The mortgage lender, commercial ...
- Secondary Mortgage Market Definition | Investopedia
... and sold between mortgage originators, mortgage aggregators (securitizers) and investors. The secondary mortgage market is extremely large and liquid.
- Secondary Mortgage Market - US Economy - About.com
Definition: The secondary mortgage market allows banks to sell mortgages, giving them new funds to offer more mortgages to new borrowers. If banks had to ...
- A Primer on the Secondary Mortgage Market - City Research
ONE FANEUIL HALL. MARKETPLACE. BOSTON, MA 02109. TEL. 617 367-4390 . FAX 617 720-0918. WWW.CITYRESEARCH.COM. A PRIMER ON THE ...
- CBO | Fannie Mae, Freddie Mac, and the Federal Role in the ...
Dec 22, 2010 ... Alternative proposals for the secondary mortgage market involve different choices about whether the federal government should continue to ...
- HowStuffWorks "Follow the Money: The Secondary Mortgage Market"
How are mortgage rates determined? Find out how mortgage rates are determined at HowStuffWorks.
- The Secondary Mortgage Market - Villanova University
Primary lenders obtain funds to write mortgages in a variety of ways, primarily through deposits or by selling mortgages on the secondary mortgage market.
- Secondary Mortgage Market: Definition from Answers.com
Secondary Mortgage Market National market where residential mortgages are assembled into pools and sold to investors.