51.   But more recently, lenders have begun trading their holdings, and a relatively active secondary market for corporate loans has developed.

52.   But they have never been bought and sold in a secondary market like so many bushels of grain.

53.   But the largest purchaser of loans on the secondary market, Fannie Mae, said it currently is buying only Texas home-equity loans that are first liens.

54.   But to date, volume on the secondary market is still small.

55.   By creating an active secondary market for this type of loan, Fannie Mae could substantially expand its availability.

56.   By making a secondary market for the loans, Fannie Mae encourages lenders to offer them.

57.   By originating loans, Dynex saves money because it does not have to buy mortgages in the secondary market.

58.   Cantor Fitzgerald was also the first firm to provide generally available bond pricing information on a timely basis, piercing the formerly secretive secondary market for U.S. bonds.

59.   Cantor began posting price quotes for the secondary market, U.S. Treasury securities that had already been issued by the government.

60.   Corporate bonds gained as investors turned their attention to the secondary market.