secondary mortgage market

基本解释

The mortgage loan originates from the first mortgage market and is traded in the secondary mortgage market, where MBS comes into being.
一级抵押市场是抵押贷款的发起市场，二级抵押市场是抵押贷款交易和流通的市场，抵押支持证券产生于二级抵押市场。
A key development was the growth of the secondary mortgage market, which has allowed homeowners to finance their home purchases in capital markets instead of locally.
一项重大进展是次级房贷市场的蓬勃兴起，使得美国房屋业主们可以通过在资本市场融资来购置房产，而不仅仅局限于本地市场。
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Fourth, the trade market of the mortgage is unripe, and the mortgage secondary market of the house is not active;
四是抵押物交易市场不成熟，住房抵押二级市场不活跃；

Fannie Mae and Freddie Mac controlled about 90% of the secondary mortgage market.
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Freddie Mac was started in 1970 to expand the market for American home buying by purchasing mortgages from lenders and repackaging them as mortgaged-backed securities to create a secondary mortgage market.
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Lenders thought they could make money on a loan even if the consumer could not pay back that loan, either by banking on rising housing prices or by off-loading the mortgage into the secondary market.
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