Secondary market for industrial mortgages in redevelopment areas
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Secondary market for industrial mortgages in redevelopment areas hearings before a subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-seventh Congress, first session, on S. 1212, a bill to promote the redevelopment of economically depressed areas by establishing a government corporation which will provide a secondary market for industrial mortgages covering property in these areas. August 7 and 8, 1961. by United States. Congress. Senate. Committee on Banking and Currency

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Published by U.S. G.P.O. in Washington .
Written in English


  • Redevelopment Area Industrial Mortgage Association (Proposed)

Book details:

LC ClassificationsKF26 .B3 1961a
The Physical Object
Paginationvi, 152 p. :
Number of Pages152
ID Numbers
Open LibraryOL5842234M
LC Control Number61064765

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key factors: (1) their capacity to hold mortgages on their own books; and (2) their ability to sell the mortgages they originate to third parties, i.e., the secondary market. 60 Percent of Mortgage Funding Comes from the Secondary Market A secondary market for residential mortgages first emerged in the s, when local and regional mismatches in. Briefly, the secondary market is a network of mortgage lenders who sell the loans they have originated to investors in the form of securities backed by groups of loans. THE MONEY ENCYCLOPEDIA . The difference between a highly profitable and a mediocre mortgage lender often comes down to the methods and tools used to minimize risk and decrease liability. There are many ways to run your secondary-marketing operation, and knowing the difference between the most and least effective is a key differentiator.   The secondary mortgage market is a marketplace where home loans and servicing rights are bought and sold between lenders and investors.

Emphasis is on the sec­ ondary market for conventional mortgages and the operations of Freddie Mac. The book has three sections. The fJrst, "Definition of the Secondary Mortgage Market," defines the secondary marlcet and describes its functions, the organizations that are the major par­ ticipants, and the marlcet's historical development. Primary lenders sell loans in the secondary market, and use the proceeds of the sale to make new loans to other homebuyers. Who buys loans in the secondary market? Organizations like Freddie Mac and Fannie Mae (created in by the federal government to establish the secondary market) are key in this area. But other private mortgage companies.   Some lenders, like the big banks, are both Primary and Secondary Market players. It’s a complex world when you are trading loans, yet for the purposes of monitoring compliance, the essentials that I just discussed are the most important for you to understand. Ask your secondary marketing team how your company makes money. mortgage through its line of credit (warehouse line) until the loan is sold to Investors in the secondary market (usually 15 – 60 days) 1. Mortgage Origination 3. Underwriting 4. Loan Close and the Warehouse Line 5. Sale to Investors 2. Rate Lock and Secondary Marketing • Loan to be sold includes two pieces – the actual mortgage and the.

Real Estate Books. Profit Like The Pros are secondary and others that think the remote suburbs are secondary while still others would look at the far reaching areas of the state as secondary. Of course, others, as mentioned above, translate this to even larger metro area discussions. insurance companies and hedge funds. The secondary. Managing Risk in the Secondary Market for Residential Mortgages Hardcover – November 1, by Editor (Author) See all formats and editions Hide other formats and editions. Price New from Used from Hardcover, November 1, "Please retry" — — $ Hardcover from $ Author: Editor. Find a huge variety of new & used Secondary mortgage market books online including bestsellers & rare titles at the best prices. Shop Secondary mortgage market books at Alibris. INTERNATIONAL SECONDARY MORTGAGE MARKET in other sectors of the economy.1 Contemporary economists, how- ever, believe that "in many developing countries the construction industry is one of the most efficient absorbers of labor and a.