MORTGAGE MARKET

By SovConn | June 1, 2013

mortgage market.The conditions that provide the demand for new mortgage loans and the

later resale of those loans in the secondary mortgage market.

primary mortgage market.The national market in which mortgages are originated.

secondary mortgage market.The national market in which existing mortgages are bought and

sold, usu. on a package basis.

[Blacks Law 8th]

Posted in Law Dictionary Definitions