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Lecture Financial markets and institutions: Chapter 7 - Anthony Saunders, Marcia Millon Cornett

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Lecture Financial markets and institutions: Chapter 7 - Anthony Saunders, Marcia Millon Cornett

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Chapter 7 - Mortgage markets. In this chapter, we examined the primary and secondary mortgage markets. For several reasons, mortgages are analyzed separately from other capital market securities (e.g., bonds and stocks). We identified several characteristics associated with mortgages and various categories of primary mortgage markets. We also provided an overview of the secondary mortgage markets.

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