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Guarantor program |
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Guarantor programUnder 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.Guarantor program Similar MatchesGuarantorGuarantorA person who commits to guarantee the debts of another. For example if an individual fails to meet his/her obligations on say hire purchase repayments, the guarantor will be obliged to make those repayments. GuarantorGuarantorThe guarantor is responsible for payments if you default. If a lender is concerned about your ability to repay your loan, they may require you to find a guarantor for the loan. |
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