Finance
The secondary mortgage market in real estate primarily involves:
AMaking new loans directly to borrowers
BBuying and selling existing mortgages among investors✓ Correct
CRegulating interest rates
DInsuring loans against default
Explanation
The secondary mortgage market is where existing mortgage loans are bought and sold among investors (Fannie Mae, Freddie Mac, Ginnie Mae, private investors), which provides liquidity to the primary market.
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