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Mortgage Subsidy Crossword Clue

There is 1 exact and 98 possible answers.
We've checked our database and believe the answer is BUYDOWN which was last seen in the New York Times crossword.
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We think the answer to this crossword clue is: BUYDOWN

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99%7BUYDOWNExact Match!
No meanings yet for this word...
35%5 Investor in mortgage loans and mortgage-related securities
noun

• a corporation authorized by Congress to provide a secondary market for residential mortgages

35%10 Transforming mortgage loans into mortgage-backed securities
verb

• To convert assets (typically outstanding loans or other receivables) to securities, usually by selling them with a discount to a financial intermediary, which pools them with other similar assets and sells further as securities to third-party investors.

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Clue Last Found In...

Source #Number Answer
New York Times01 Oct 2004 Down 13 BUYDOWN
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