Mortgage-Backed Securities. Any security, including, without limitation, a participation certificate, that is (a) guaranteed by Xxxxxx Xxx that represents an interest in a pool of mortgages, deeds of trusts or other instruments creating a lien on real property; (b) issued by Xxxxxx Mae or Xxxxxxx Mac that represents interests in such a pool; or (c) privately placed and represents undivided interests in or otherwise supported by such a pool.
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Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Tree.com, Inc.)
Mortgage-Backed Securities. Any security, including, without limitation, a participation certificate, that is (a) guaranteed by Xxxxxx Xxx Mae that represents an interest in a pool of mortgages, deeds of trusts or other instruments creating a lien on real property; (b) issued by Xxxxxx Mae Xxx or Xxxxxxx Mac that represents interests in such a pool; or (c) privately placed and represents undivided interests in or otherwise supported by such a pool.
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