mobile home certificate

mobile home certificate definition - business

mobile home certificate

A security issued by Ginnie Mae that is secured by mortgages on mobile homes. Mobile home certificates pass through interest payments and principal repayments to investors.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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