Real Estate Credit

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)

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.