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Sources of Financing Reading Ch. 13, Jacobus 1. Primary Mortgage Market a. Regulated Markets b. Non-regulated Markets 2. Secondary Mortgage Market a. Loan to customer systems i. Traditional ii. Secondary Market b. Loan Procedures c. Secondary Market Participants i. FNMA ii. GNMA iii. FHLMC iv. Farmer Mac 3. Availability of Mortgage Money a. Usury rates b. Due-on-sale clauses c. Prepayment