Gnomes

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Gnomes

	The 15-year pass-through securities offered under Freddie Mac's cash program.

	Investors sell their mortgages through Freddie Mac's cash program. The 15-year mortgages sold to Freddie Mac form the pool of mortgages that back the securities referred to as gnomes.

Fannie Mae
Freddie Mac
Ginnie Mae
Mortgage Backed Securities - MBS
Pass-Through Security

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