Guarantor program

Guarantor program

Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
References in periodicals archive ?
75 Clinton Street is the latest new building in Brooklyn to use the Insurent Lease Guarantor program to enable renters to quickly and easily qualify for their apartment.
In addition, sellers may swap FHA/VA fixed-rate mortgages for Gold PCs through the Guarantor program.
The Insurent Lease Guarantor Program is now being used by three New York luxury boutique apartment buildings.
Previously Freddie Mac only offered lenders a WAC ARM execution through its Guarantor program.
Gold PCs, issued under Freddie Mac's Guarantor Program or formed from its cash programs, will feature the fastest pass-through of any conventional mortgage security program available.
Announced in a September 30 Guide Bulletin, the temporary requirements are for most of Freddie Mac's mortgage products whether they are sold under Freddie Mac's Cash or Guarantor programs.