SECONDARY LENDER
secondary lender.A wholesale mortgage buyer who purchases first mortgages from banks and
savings-and-loan associations, enabling them to restock their money supply and loan more money. [Blacks Law 8th]
secondary lender.A wholesale mortgage buyer who purchases first mortgages from banks and
savings-and-loan associations, enabling them to restock their money supply and loan more money. [Blacks Law 8th]