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Lending Markets
Essay specific features
Written by:
Jennifer P
Date added:
September 19, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 673
Was viewed:
5448 times
Rating of current essay:
Essay content:
The primary market takes the loan application, where the loan officer interviews the applicant, where the loan check comes from, and the place to which the loan payments are sent to from the borrower. There are two places that the funds can be divided in this source. The two markets are those regulated by the federal government and those that are not regulated by the federal government...
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Primary lenders sell their loans in what is called a secondary market so it is important to research the decision.
There are regulated and non regulated lenders. Regulated lenders are subject to restrictive regulations and they are subject to examination by federal regulators. Non regulated lender is usually commercial finance companies and they are not restricted to the same restrictive regulations that regulated lenders are...
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