Secondary Mortgage Market

Business / Finance / Secondary Mortgage Market: Buying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities.

Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
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Other Words for Secondary

Secondary Noun Synonyms: auxiliary, second-line, backup, extra, reserve, spare, provisional, supporting, supportive, alternate, alternative
Secondary Adverb Synonyms: derivative, derived, indirect, second-hand, unoriginal, not original, copied, imitated
Secondary Verb Synonyms: less important, unimportant, inessential or unessential, non-essential, non-critical, subsidiary, ancillary, minor, inferior, subordinate
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Emerging Company Marketplace (ECM)

Business / Finance / Emerging Company Marketplace (ECM): The federal legislation creating the Federal Home Loan Mortgage Corporation, a partially government-run program initiated to stimulate the development of a secondary mortgage market and expand mortgag MORE

Federal National Mortgage Association (FNMA)

Business / Real Estate / Federal National Mortgage Association (FNMA): Popularly known as Fannie Mae, an active participant in the secondary mortgage market. Fannie Mae was established as a federal agency in 1938 for the purpose of purchasing FHA loans from loan originat MORE

Multiclass Mortgage Securities

Business / Real Estate / Multiclass Mortgage Securities: Short- and long-term mortgage securities, with or without pass-through privileges. MORE

Mutual Mortgage Insurance

Business / Real Estate / Mutual Mortgage Insurance: Insurance premiums and other specified FHA revenues are paid into one of four FHA funds. Losses due to foreclosure are met from these funds. MORE

Mortgager

Business / Finance / Mortgager: The borrower of a loan secured by property. MORE

Mortgagees Title Insurance

Business / Real Estate / Mortgagees Title Insurance: An insurance policy protecting the lender for the amount of the loan in the event of a future title dispute. MORE

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