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GMCs (Guaranteed Mortgage Certificates)

GMCs (Guaranteed Mortgage Certificates)
GMCs represent a portion of undivided interest in conventional loans and similar participations acquired earlier by Freddie Mac. The first GMC was issued in 1975 by Freddie Mac.

Related posts:

  1. Government National Mortgage Association (Ginnie Mae)
  2. Mortgage Pool
  3. Equipment Trust Certificates
  4. Freddie Mac (Federal Home Loan Mortgage Corporation)
  5. Guaranteed Insurance Contract
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