RC_SM_100.2 How Secondary Marketing Works

How Secondary Marketing Works begins with an overview of the major products sold in the secondary market and provides an in-depth discussion of uniform mortgage-backed securities (UMBS). It then describes how secondary marketing works by exploring its relationship to other segments of the mortgage market and examining the processes, tasks, rules, and real-world strategies used in this area. The course then describes regulatory compliance in secondary marketing, including accounting and SEC regulations, the Basel Accords, and anti-predatory lending laws. It concludes with a discussion of the use of technology in secondary marketing.

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