Lenders Come in Many Forms
Investopedia: Thanks for agreeing to speak with us, Elena. Perhaps we could start with the basics. What is a mortgage lender?
Loutskina: The question is simple and complex at the same time. We have different actors implementing different parts of the value chain in the mortgage market. Some interact with borrowers directly—such as a bank, mortgage broker, mortgage company, or an online portal like LendingTree.