Definition of AMMINET

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AMMINET -- Automated Mortgage Market Information Network. A nationwide electronic quotation system developed by the Federal Home Loan Mortgage Corporation, and operated by a non-profit corporation. The system provides market information to subscribers on buy and sell orders for various types of mortgages and mortgage-backed securities.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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