Are you my mortgage servicer?
When banks let you take out a mortgage, the money they lend you might come from their reserves. But more often than not, banks turn around and sell your loan to an investor \u2014 and make an instant profit. In this episode, all about the secondary market for mortgages. Plus, JPMorgan Chase invests in its brick-and-mortar presence, household debt ticks up, and why China’s stock market is struggling.