What is the meaning of Strip mortgage participation certificate (strip PC)?

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Strip mortgage participation certificate > strip PC

Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages.

Barry Goldsmith
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APABarry Goldsmith. (2010). Strip mortgage participation certificate (strip PC). Retrieved September 25, 2026, from http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383
ChicagoBarry Goldsmith. 2010. "Strip mortgage participation certificate (strip PC)" http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, Strip mortgage participation certificate (strip PC), Smart Define, viewed 25 September, 2026, <http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383>.
MLABarry Goldsmith. "Strip mortgage participation certificate (strip PC)" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383>