Mortgage Pool


Definition of "Mortgage pool"

Elizabeth Fishman real estate agent
Elizabeth Fishman Virtual Properties Realty

A collection of packaged residential mortgage loans for sale in the secondary mortgage market to investors. Companies with mortgage pools expect to earn a short-term profit and use the proceeds to make additional mortgage loans available to homeowners.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ