Jomadar, Dinesh - Volkswirtschaftliche Fakultät, … - 2009
payments of pools of mortgage loans, most commonly on residential property (Riddiough, 2001). Lenders establish underwriting … guidelines, evaluate prospective homeowners’ credit, and make loans. Having done so, lenders generally hold only a fraction of … the loans they make in their own portfolios. Most are sold to the secondary market, where they are pooled and become the …