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Urban Economics Urban EconomicsTake Home Final ExaminationQuestion B:Secondary mortgage markets.The secondary mortgage market is a market where existing mortgages-backed securities and existing loans are brought and sold. How it works?The primary mortgage market is for lenders to make loan to homebuyers. After the banks sell this mortgages to investors, these investments injects new cash into.
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Lack Of Active Secondary MarketsPrimary Mortgage MarketSecondary Mortgage Markets.The