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VA-guaranteed mortgage

См. также в других словарях:

  • 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

  • Guaranteed mortgage certificates — ( GMC) First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. Bloomberg Financial Dictionary …   Financial and business terms

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • GMCs (guaranteed mortgage certificates) — First issued by Freddie Mac in 1975, GMCs, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. The New York Times Financial Glossary …   Financial and business terms

  • Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • Mortgage GSE controversy — The controversy in relation to the United States mortgage government sponsored enterprises (GSEs) was triggered by accounting scandals, which urged the US government to consider tightening the control over them.The two largest housing GSEs of… …   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

  • Mortgage Forgiveness Debt Relief Act of 2007 — The Mortgage Forgiveness Debt Relief Act was introduced in Congress on September 25, 2007, and became law on December 20, 2007. This act offered relief to homeowners who would formerly owe taxes on forgiven mortgage debt after facing foreclosure …   Wikipedia

  • Mortgage-Backed Securities Clearing Corporation — A wholly owned subsidiary of the Midwest Stock Exchange that operates a clearing service for the comparison, netting, and margining of agency guaranteed MBSs transacted for forward delivery. The New York Times Financial Glossary ( MBSCC) Founded… …   Financial and business terms

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