The main purpose of the secondary mortgage market is to:
- help strike a balance between the demand for real estate loans and the supply of money available for real estate loans.
- allow people to bundle up mortgages into securities
- allow for anyone with enough money to invest in mortgages
- allow for banks to offset some of the risks of lending
The answer is A – explain that it’s the best answer and why (A taken directly from PDF). By allowing people to