Secondary Mortgage Market

Business / Real Estate / Secondary Mortgage Market: A market for the purchase and sale of existing mortgages, designed to provide greater liquidity for selling mortgages, also called secondary money market, not to be confused with secondary financing.

Other Words for Market

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

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