Real estate cycles - PowerPoint PPT Presentation

Lesson 2:

Lesson 2:. The Primary and Secondary Markets. Introduction. In this lesson, we will cover: primary and secondary mortgage market loan origination and financing mortgage-backed securities standardized underwriting secondary market agencies and their role in the mortgage industry.

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Chapter 5

Chapter 5. REAL ESTATE ECONOMICS AND VALUE. CHAPTER TERMS AND CONCEPTS. Agents of production Amenities Demand Demography Economic forces Fiscal policy Gross domestic product (GDP) Monetary policy Monetary theory. Over-improvement Physical forces Political forces

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