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2. Are second mortgages about to make a comeback? Freddie Mac ...

   www.aol.com/finance/second-mortgages-comeback...

   It has proposed the purchase of single-family closed-end second mortgages from lenders. It says it will only purchase a second mortgage if it currently owns the first mortgage in order to assist ...

3. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   A second mortgage works a lot like a first mortgage — in the opening stages, anyway. To obtain a second mortgage, you typically need to do the same things you did to qualify for a primary mortgage.

4. Angel Oak Mortgage Price Target Shaved By 58%, Analyst ... - AOL

   www.aol.com/angel-oak-mortgage-price-target...

   B of A Securities analyst Derek Hewett downgraded Angel Oak Mortgage Inc (NYSE: AOMR) from Buy to Underperform and lowered the price target from $15.5 to $6.5. Given its vertically integrated ...

5. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home equity line of credit (HELOC)). Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage.

6. Secondary mortgage market: What it is and how it works - AOL

   www.aol.com/finance/secondary-mortgage-market...

   Example of the secondary mortgage market. Imagine you take out a mortgage to purchase a new home. The lender gives you the funds to purchase the property, and you agree to pay the money back over ...

7. How to refinance when you have a second mortgage - AOL

   www.aol.com/finance/refinance-second-mortgage...

   A second mortgage is simply an additional loan a mortgage-holder takes out, using their home as collateral. The equity you have in your home backs the new loan.