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Guaranteed Mortgage Certificates |
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Guaranteed Mortgage Certificates (GMC) First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. |
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The long-term 'AAA' rating on the 2006 series D bonds reflects the current and projected composition of the single-family mortgage portfolio, which consists primarily of Ginnie Mae and Fannie Mae guaranteed mortgage certificates and may include Freddie Mac certificates using a portion of the proceeds from this issue. |
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Guaranteed Mortgage Certificates
