Secondary Mortgage Market

The secondary mortgage market helps equalize credit availability for all borrowers. The key participants in the market include the following:

• Mortgage Lenders: Mortgage lenders create the mortgages and sell the servicing rights on the secondary mortgage market.
• Buyers: Buyers, such as the government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac, bundle large groups of mortgages into securities and sell them to mortgage investors.
• Investors: Investors, including investment banks, hedge funds, and pension funds, maintain the market by guiding and funding lenders.

Trigent supports secondary mortgage market participants; for example, we provided Freddie Mac with daily operational assistance for Configuration Management processes and collaborated with colleagues to develop process improvements and efficiencies.