A party who buys a mortgage-backed security from a third party for later resale. This makes the sale more profitable. It is used when the borrower cannot get the loan due to the requirements of the contract. See Borrower and bridge issuer. Asian Law, `Conduit` (legaldictionary.lawin.org 2013) joined on 9 October 2022 “The views expressed in this article are those of the author(s) and do not necessarily reflect the views of the Lawi platform. This website is based on educational information. Some facts can and often radically change legal outcomes. You should not rely on this information. You should consult a licensed attorney in your jurisdiction for advice on specific legal issues. ” (2013, 05). Conducted legaldictionary.lawin.org Retrieved on January 10, 2022 from 05. legaldictionary.lawin.org/conduit/ 2013. 10 2022 Many legal terms are subject to interpretation.
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