Freddie Mac certificate
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Federal takeover of Fannie Mae and Freddie Mac — Fannie Mae headquarters at 3900 Wisconsin Avenue, NW in Washington, D.C. The federal takeover of Fannie Mae and Freddie Mac refers to the placing into conservatorship of government sponsored enterprises Fannie Mae and Freddie Mac by the U.S.… … Wikipedia
Mortgage Participation Certificate — A type of security that groups together Freddie Mac conventional mortgages. These certificates are guaranteed by Freddie Mac and are taxable by federal, state and the local government. These certificates are also referred to as pass through… … Investment dictionary
Guaranteed Mortgage Certificate - GMC — A bond backed by a pool of mortgages. These bonds are issued by the Federal Home Loan Mortgage Corporation (Freddie Mac). These bonds pay out both interest and principal on a semiannual basis. The pool is made up of residential mortgages. If the… … Investment dictionary
Strip mortgage participation certificate — strip PC Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Bloomberg Financial Dictionary … Financial and business terms
Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
Commercial mortgage — Finance Financial markets Bond market … Wikipedia
BanxQuote — Infobox Company company name = BanxQuote company company type = Private foundation = New York, New York (1984) location = White Plains, New York, USA key people = Norbert Mehl, Founder CEO industry = Banking Financial Services products = Money… … Wikipedia
Gnomes — 15 year, fixed rate, pass through securities offered by the Federal Home Loan Mortgage Corporation, or Freddie Mac s, cash program. The securities offered under this program have a maturity of 15 years. A pass through security pools debt… … Investment dictionary
Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Government National Mortgage Association — The Government National Mortgage Association (GNMA, also known as Ginnie Mae) is a U.S. government owned corporation within the Department of Housing and Urban Development (HUD).Ginnie Mae provides guarantees on mortgage backed securities (MBS)… … Wikipedia
