Definition of mortgage banker

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TeachMeFinance.com - explain mortgage banker



Mortgage banker --a company that originates loans and resells them to secondary mortgage lenders like :Fannie Mae or Freddie Mac.

another definition...

mortgage banker -- an individual or firm that primarily deals in mortgages as a broker, originating loans and then selling the loans to investors.



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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