FinancingHARD
Packaging mortgage loans for secondary market sale is called:
Correct Answer
A) Warehousing
Warehousing is the practice of holding mortgage loans temporarily before selling them on the secondary market to investors or entities like Fannie Mae or Freddie Mac.
Answer Options
A
WarehousingB
Mortgage MeldingC
Mortgage FusingD
PackagingVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
secondary-market-mortgagesgovernment-sponsored-enterprisesmortgage-lending-process
Key Terms:
warehousingsecondary mortgage marketFannie MaeFreddie Macmortgage banking
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