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First steps for 'secondary mortgage market' Fame it!
Posted on Jun 16 2008 3:19 AM by adeal

More than a year after Parliament's approval of the mortgage law, authorities finally began to take steps concerning the so-called �secondary market,� which is the actual component of the mortgage system. Secondary mortgage market is the place where primary mortgage lenders sell the mortgages they make to obtain more funds to finance more new loans. It provides liquidity for the lenders.



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