Technical Analysis Glossary Tandem programs mortgage

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Technical Analysis Glossary: Tandem programs

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Term:

Tandem programs

Definition:

Ginnie Mae mortgage funds provided at below-market rates to residential MBS buyers with FHA Section 203 and 235 loans and to developers of multifamily projects with Section 236 loans initially and later with Section 221(d)(4) loans.

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7/4/2009 - SV1