Sales & Trading

Navigating the Secondary Market

The “Secondary” or the secondary mortgage market is an interesting beast.  It is the place where loans trade for investment purposes.  Let us not confuse the secondary with the retail market.  The retail market is where a potential borrower shops to obtain a loan.  The retail market has a bit more structure and continuity than it’s counter-part, the secondary, as it is regulated to keep borrowers safe from misinformation and unscrupulous acts.  Many investors attempt to navigate the waters alone in the secondary and soon learn it is not all smooth sailing.   

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