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Preferred term

mortgage finance  

Definition

  • This entry reviews the history of the U.S. mortgage market. It discusses the early development of institutional mortgages, the shift to a risk-limiting market largely sponsored by the federal government, and the eventual rise of first government-sponsored securitization and then later private-label, higher risk securitization. [Source: The Encyclopedia of Housing; Mortgage Finance]

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URI

https://concepts.sagepub.com/social-science/concept/mortgage_finance

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