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GMCs (Guaranteed Mortgage Certificates)

Daniel Guidotti
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.

Recommended for you:

  1. Government National Mortgage Association (Ginnie Mae)
  2. Conventional Mortgage
  3. Guaranteed Insurance Contract
  4. Mortgage Pool
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