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Note: The content below about broker to broker is under review and still being developed.
Secondary Marketing Help provided by the MBS and secondary marketing Secondary marketing is the market where mortgage bankers and investors come together to sell and buy existing mortgages. Material on this page provides critical information to MBA members involved in secondary marketing activities. The federal government has encouraged the formation of this market by creating the Government-Sponsored Enterprises: Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Banks. MBA members also issue mortgage securities that form a secondary market execution for mortgage that often are not eligible for purchase or securitization by government agencies. The secondary market provides liquidity to the primary mortgage market. The secondary marketing manager in a mortgage bank must be concerned with risk management, pipeline management and mortgage loan sales.As long as the mortgage banker or portfolio lender closes standard loans in accordance with secondary marketing requirements, they can sell the mortgage at almost any time the need arises.
SECONDARY MARKETING RESOURCES
CLICK HERE TO SEE SOME BASIC QUESTIONS ABOUT SECONDARY MARKETING
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