Sentences with phrase «secondary market investors»

Today's secondary market investors include government - chartered companies like Fannie Mae and Freddie Mac, plus insurance companies, pension funds, and securities dealers.

Thorough understanding of general underwriting procedures, Conventional, FHA, VA, FHLMC / FNMA, USDA Rural Development, and secondary market investor guidelines.

Fannie and Freddie guarantee loans to secondary market investors, while Ginnie Mae guarantees mortgage - bond payments.

When these institutions make a mortgage loan, they may decide to hold it in portfolio or sell it to secondary market investors.

Basically, the secondary market investors keep funds circulating so that loan originators don't run out of money for new mortgages.

The documents are faxed to an underwriter and a secondary market investor, who determine whether the loan meets their requirements.

When these institutions make a mortgage loan, they may decide to hold it in portfolio or sell it to secondary market investors.