Gnomes (redirected from Gnome (disambiguation))

Gnomes

The 15-year pass-through securities offered under Freddie Mac's cash program.

Notes:

Investors sell their mortgages through Freddie Mac's cash program. The 15-year mortgages sold to Freddie Mac form the pool of mortgages that back the securities referred to as gnomes.

See also: Fannie Mae, Freddie Mac, Ginnie Mae, Mortgage Backed Securities - MBS, Pass-Through Security

---

Gnomes

Freddie Mac's 15-year fixed-rate pass-through securities issued under its cash program.