What is the meaning of 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.

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APABarry Goldsmith. (2010). strip mortgage participation certificate (strip pc). Retrieved October 1, 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 October 1, 2026).
HarvardBarry Goldsmith 2010, strip mortgage participation certificate (strip pc), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383>.
MLABarry Goldsmith. "strip mortgage participation certificate (strip pc)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/strip_mortgage_participation_certificate_(strip_pc)/definitions/1164383>