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The Primary and Secondary Markets & The Mortgage Industry
Date Posted: 24/06/2021
Category: Finance
Due Date: 27/06/2021
Instruction
[1]. The mortgage industry in the United States is broken into two parts. There is the Primary Market and the Secondary Market. What is the difference between the two markets? Why are there two markets? - Primary Market - Secondary Market [2]. There are many different types of mortgage lenders as we learn in Chapter 4. What reasons would you feel a local lender might be an advantage to you the borrower of a home loan mortgage? Would you prefer a local lender to a National or International lender? If so why?
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