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what's a secondary market?
02-25-2014, 01:00 AM
Post: #1
what's a secondary market?
for example( Any loan sold on the secondary market requires all borrowers to have a social security number.)

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02-25-2014, 01:01 AM
Post: #2
 
what???

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02-25-2014, 01:07 AM
Post: #3
 
Wall Street is a secondary market. CMO's are the investment.
See all banks sell the paper they service to the secondary market for recapitalization
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