522292 Real Estate Credit

Overview

This U.S. industry comprises establishments primarily engaged in lending funds with real estate as collateral.

Illustrative Examples:
Home equity credit lending
Mortgage companies
Reverse mortgage lending
Mortgage banking (i.e., nondepository mortgage lending)

Cross-References

  • Servicing loans--are classified in Industry 522390, Other Activities Related to Credit Intermediation;
  • Arranging loans for others on a commission or fee basis--are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers;
  • Accepting deposits and lending funds secured by real estate--are classified in Industry Group 5221, Depository Credit Intermediation; and
  • Buying, pooling, and repackaging mortgage loans for sale to others on the secondary market--are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation.

Index Entries

Construction lending
Farm mortgage lending
Federal Land Banks
Home equity credit lending
Loan correspondents (i.e., lending funds with real estate as collateral)
Mortgage banking (i.e., nondepository mortgage lending)
Mortgage companies
Real estate credit lending
Reverse mortgage lending