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Glossary > G > "Guarantor program" Definition

Guarantor program

Under the (Federal Home Loan Mortgage Corporation) Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.

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Guarantor program - Under the (Federal Home Loan Mortgage Corporation) Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.

Guarantor program : under the (federal home loan mortgage corporation) freddie mac program, the aggregation by a single issuer (usually an s&l) for the purpose of forming a qualifying pool to be issued as pcs under the freddie mac guarantee.