JUL 12, 2013 2:02pm ET

SecondaryWire Launches Online Wholesale Trading Platform

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A new online wholesale trading platform was launched Friday designed to accommodate the sale of brokers’ and correspondents’ loans to investors, according to SecondaryWire.

“Our aim was a trading platform that addressed the needs of both sides of a wholesale transaction—without forfeiting existing relationships,” said Katherine Chalmers, co-founder and executive vice president of marketing for SecondaryWire, in a press release.

According to the release, membership is free.

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