The Future of the Secondary Mortgage Market

  • May 20, 1990
  • • Written by: Jack Harris

Spring/Summer 1990, Vol 15, No 1

Abstract: The development of the secondary mortgage market and the associated securitization of mortgage loans has had a major impact on the provision of housing financing. With the mortgage lending industry in disarray because of the instability of savings and loan institutions, the secondary mortgage market should play an even greater role in housing financing in the near future. Several major issues discussed here will help determine this role.