Debt Markets
There are several types of home mortgages in the debt market.Briefly describe fixed and variable rate mortgages the focus onballoon–payment mortgage and discuss why financial institutions inthis market might prefer this type.
Both stocks and bonds have secondary markets, describe themeaning of this term and compare them to the secondary market formortgage backed securities. Focus on the activity level.
Briefly discuss the types of financial institutions thatparticipate in the residential mortgage market and those who supplycommercial mortgages.
