Are you my mortgage servicer?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 6 February 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
When banks let you take out a mortgage, the money they lend you might come from their reserves. But more often than not, banks turn around and sell your loan to an investor — and make an instant profit. In this episode, all about the secondary market for mortgages. Plus, JPMorgan Chase invests in its brick-and-mortar presence, household debt ticks up, and why China’s stock market is struggling.
Transcript
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