Financial Institutions Markets and Money
Quiz 9: Mortgage Markets
Mortgage Originators May Retain the Servicing Right and Fees Even
Mortgage originators may retain the servicing right and fees even though the mortgage has been sold to a governmental agency.
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A lender with a fixed-rate mortgage bears the risk of future inflation.
Like corporate and municipal bonds, mortgages are issued in standard denominations.
Unlike mortgage-backed securities, individual mortgages are issued in standard denominations.
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