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URL:https://www.learndesk.us/class/4746122453057536/lesson/4aa0307dae0ec946d1f50a8043f206e2?ref=outlook-calendar
SUMMARY:Secondary Mortgage Market
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/4746122453057536/lesson/4aa0307dae0ec946d1f50a8043f206e2?ref=outlook-calendar
DESCRIPTION: 
The cycle of mortgage money flow
Fannie Mae
Government National Mortgage Association
Freddie Mac

Lenders, investors, and government agencies that buy loans already originated by someone else, or originate loans indirectly through someone else, constitute the secondary mortgage market.
Secondary mortgage market organizations include:
 Federal National Mortgage Association (FNMA, or Fannie Mae)  Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac)  Government National Mortgage Association (GNMA, or Ginnie Mae)  investment firms that assemble loans into packages and sell securities based on the pooled mortgages  life insurance companies  pension funds  primary market institutions who also invest as secondary lenders
The cycle of mortgage money flow
Secondary mortgage market organizations buy pools of mortgages from primary lenders and sell securities backed by these pooled mortgages to investors. By selling securities, the secondary market brings investor money into...

https://www.learndesk.us/class/4746122453057536/lesson/4aa0307dae0ec946d1f50a8043f206e2?ref=outlook-calendar
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