General World News

The secondary market comes to the rescue…again

Housing-2021

The secondary market, often an afterthought for most participants in the mortgage process, took center stage in 2020.

Think of it as the underdog quickly becoming the hero of the story. It was always there working hard in the background, just waiting for a year as unpredictable as 2020 to come to the rescue. 

But to understand the stability that the secondary market brought during a world-wide pandemic, you first have to look back at 2008. The country was in the middle of the financial crisis, as the consequences of the deceptive mortgage lending practices from all the years prior details ⇒

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