GUARANTEED MORTGAGE CERTIFICATES (G.M.C.)


Meaning of GUARANTEED MORTGAGE CERTIFICATES (G.M.C.) in English

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 .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.