4. Mortgage Managers: Unlike the brokers, there is no third party involved in this scheme of lending. The lenders directly deal with the borrowers for the reason of mortgaging and advancing the loan. Contrary to the other schemes of financing, the mortgage managers do not collect deposits from the customers for advancing the same fund to the debtors. Rather, their funds are generated by the means of securitisation, which they further invest in the market in the form of saleable securities. The lender of fund become the ultimate owner of the mortgaged property for the term of the loan. However, the role of mortgage manager is to arrange the funds and manage the loan throughout the period.