Finance
An Ohio lender who originates a mortgage and immediately sells it to an investor on the secondary market is acting as a:
APortfolio lender
BMortgage banker✓ Correct
CSavings and loan
DCredit union
Explanation
A mortgage banker originates loans and sells them on the secondary market rather than holding them in portfolio. They often continue to service the loans after sale.
Related Ohio Finance Questions
- What is the secondary mortgage market?
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