Gold mbs program

• Is the Federal Home Loan Mortgage Corporation (FHLMC) program that extended the interest and principal payment guarantee. It also reduced the interest delay to 14 days.

 Embedded terms in definition
Federal home loan mortgage corporation
 Related Terms
 Gold exchange standard
Gold standard
Guarantor program
Guarantor/swap program
Mbs depository
Mbs servicing
Monetary gold
Planned capital expenditure program
Planned financing program
Program trades
Program trading

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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