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Secondary Mortgage Market

Fannie Mae

Updated 10-31-2026

Secondary Mortgage Market

The financial market in which residential mortgages and mortgage-related securities are bought and sold.

Fannie Mae Glossary of Terms

Fannie Mae · p. 44

California Association of Realtors

Updated 10-31-2026

Secondary Mortgage Market

The place where primary mortgage lenders sell the mortgages they make to obtain more funds to originate more new loans. It provides liquidity for the lenders.

California Association of Realtors Glossary

California Association of Realtors · p. 12

FTC

Updated 10-31-2026

Secondary Mortgage Market

The mar-ket in which mortgage loan and mort-gage-backed securities are bought and sold.

FTC Real Estate Terms

FTC · p. 16

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