Search for a term:

secondary mortgage market


Definition
The segment of the mortgage market where mortgages are resold, not where mortgages are originated. Mortgages in this market are often grouped together into tranches based on risk, size and structure, and are then sold as a collateralized debt obligation, mortgage-backed security or other type of derivative.


Related Terms

mortgage banker -

pool -  More

Fannie Mae -

Related Personal Finance Articles

Loading...

secondary mortgage market in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

secondary mortgage market is ...

... part of the Lending & Credit, Real Estate and Trading subjects.

Search volume for secondary mortgage market

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z