GOLD PC Definition

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GOLD PC is a mortgage pool program offered by the Federal Home Loan Mortgage Corporation (FHLMC) that reduces the delay in payments from 45 days to 15 days and broadens its guarantee to include the timely payment of principal.

Learn new Accounting Terms

FINANCIAL GUARANTEE INSURANCE is insurance created to cover losses from specified financial transactions.

APPORTION is to divide and share out according to a plan.

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