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Which is NOT a source of financing in the primary mortgage market?

Savings and loans
Mortgage bankers
Banks
Hedge funds

User Berty
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Answer:

Hedge funds

Step-by-step explanation:

A mortgage is a long-term loan facility used to finance the purchase of homes and other properties. It is a long-term loan due to the high amount that needs to be borrowed. Customers in need of a mortgage facility may go to a bank, mortgage bankers, or savings and loan institution.

A hedge fund is a portfolio investment instrument. It is an association between a professional fund manager and investors. They pool their resources together in diversified investments. The investors are passive while the fund manager aggressively invests the funds r to generate higher returns to the investors.

User Harshal Benake
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