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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
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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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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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