what is the mortgage industry? and how it works?



what is the mortgage industry? and how it works?..

Answer / akash bharat

Mortgage industry is basically loan industry. Mortgage is a
financial term for loan. Different financial institutions
(Bank,finance company etc) finance a mortgage and later
they service them till the maturity, at times mortgage is
serviced by mortgage servicing companies which don't
finance but service the loan only.

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