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All of the following are considered advantages associated with the secondary mortgage market EXCEPT: Ch19 a. It facilitates geographic flow of mortgage funds b. It

All of the following are considered advantages associated with the secondary mortgage market EXCEPT: Ch19

a.

It facilitates geographic flow of mortgage funds

b.

It is a major source of financing for secondary schools

c.

It provides more sources of capital for the mortgage market

d.

It enables mortgage originators to replenish funds for more mortgages

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