A mortgage banker is a company that originates mortgage loans.
In the United States in the late 2000's, mortgage banking companies were strained to the breaking point. Too much credit extended to too many customers combined with too little creditworthiness among those customers threatened to, and eventually managed to, bring down some of America's largest mortgage bankers. These conditions primarily led to the bear market of 2008.
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- Loan originator
- Mortgage service company
- Mortgage company
- Real estate transaction
- Subprime mortgage debacle
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