Secondary Mortgage Market
What is it? 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. (See primary mortgage market)Added By: Grace
The Secondary Mortgage Market definition has been viewed 31 Time(s)!
Send To Friends!
If you'd like to send the Secondary Mortgage Market definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Secondary Mortgage Market. If you need any more information on this term, please don't hesitate to contact us.