Dispelling doubts about the secondary market. (banks and the secondary mortgage market) From: ABA Banking Journal | Date: April 1, 1990 | COPYRIGHT 1990 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The old adage, "The more things change, the more they remain the same," is way off the mark when it comes to real estate finance. Recent and radical changes in the mortgage market have placed banks in a hitherto unrealized position of industry leadership, creating the need (especially among community banks) to reconsider their attitudes towards participating in the secondary market.

Last November, the ABA spun off a subcommittee of its Housing and Real Estate Finance Com...