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Freddie mac was originally chartered to create a secondary market for which type of mortgage loans?
conventional loans
What is the secondary mortgage market?
This market consists of investors who buy mortgages from primary lenders, such as banks and thrifts, so that the lenders can use that money to make new loans.
How do reverse mortgage companies generate revenue?
Reverse mortgage companies generate revenue by charging fees and interest on the loans they provide to homeowners. They also earn money through servicing fees and by selling the loans to investors in the secondary market.
What are some examples of personal loans available in the market?
Some examples of personal loans available in the market include unsecured personal loans, secured personal loans, fixed-rate personal loans, variable-rate personal loans, and debt consolidation loans.
What are the different types of unsecured loans available in the market?
The different types of unsecured loans available in the market include personal loans, credit cards, student loans, and lines of credit. These loans do not require collateral and are based on the borrower's creditworthiness.
Freddie mac was originally chartered to create a secondary market for which type of mortgage loans?
conventional loans
What is the secondary mortgage market?
This market consists of investors who buy mortgages from primary lenders, such as banks and thrifts, so that the lenders can use that money to make new loans.
Why do the Secondary markets drive pricing at the retail level of loan origination?
Most loans are sold into the secondary market. Pricing at the retail level is always going to be determined by the what price the loan can bring for servicing (collecting payments) and the cost of those funds - both are functions of the secondary market.
What has the author Michael D Grace written?
Michael D. Grace has written: 'Alternative mortgage instruments and the secondary market' -- subject(s): Mortgage loans
How may the volume of mortgages sold into the secondary market be said to fluctuate?
the percent of home loans sold through the secondary market in 1996 was 56 percent. That was down from a peak of 65 percent during 1993, but it represents a sizable increase over the 33 percent level of 1988
How do reverse mortgage companies generate revenue?
Reverse mortgage companies generate revenue by charging fees and interest on the loans they provide to homeowners. They also earn money through servicing fees and by selling the loans to investors in the secondary market.
What are some examples of personal loans available in the market?
Some examples of personal loans available in the market include unsecured personal loans, secured personal loans, fixed-rate personal loans, variable-rate personal loans, and debt consolidation loans.
What are the different types of unsecured loans available in the market?
The different types of unsecured loans available in the market include personal loans, credit cards, student loans, and lines of credit. These loans do not require collateral and are based on the borrower's creditworthiness.
What is table funding?
A lending method employed when a loan originator does not have access to the money necessary to make loans and then hold them until it has enough to sell on the secondary market. As a result, the originator forms a relationship with a lender who provides the funds for closing and immediately takes an assignment of the loan.This is called table funding. Under regulations of the Department of Housing and Urban Development, table-funded loans must disclose service release premiums-profit received by the originator-on the loan closing settlement statement. Loans sold on the secondary market do not have to make those disclosures.
What are some examples of long term loans available in the market?
Some examples of long-term loans available in the market include mortgages for buying a home, student loans for education expenses, and business loans for funding a company's growth.
What are the current average arm rates for home loans in the market?
The current average arm rates for home loans in the market are around 3 to 4.
What has the author Susan M Wachter written?
Susan M. Wachter has written: 'The American mortgage system' -- subject(s): Subprime mortgage loans, Financial crises, Mortgage loans, Secondary mortgage market 'Latin American inflation' -- subject(s): Inflation (Finance), Money supply
