Mortgage bankers originate mortgage loans,sell them to banks,pension funds,and insurance companies,and service or collect all the monthly mortgage payments.

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Mortgage bankers are involved in the origination, sale, and servicing of mortgage loans. They may sell the loans to various investors, including banks, pension funds, and insurance companies, and then act as the servicer, collecting the monthly mortgage payments from the borrowers.

Mortgage Bankers Originate Mortgage Loans,sell Them to Banks,pension Funds,and Insurance