Strip Mortgage Participation Certificate (Strip PC)

Strip Mortgage Participation Certificate (Strip PC)
When Freddie Mac purchases ownership in some specific mortgages from the same seller, a Strip PC representing this ownership interest is issued.

Random Finance Terms for the Letter S

  • Street Name
  • Strike Index
  • Strike Price
  • Strip Mortgage Participation Certificate (Strip PC)
  • Stripped Bond
  • Stripped Mortgage-Backed Securities (SMBSs)
  • Strip Strap
  • Strong-Form Efficiency
  • Structured Arbitrage Transaction
  • Structured Debt