Tandem Plan

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Dictionary Says

Definition of 'Tandem Plan'

A mortgage purchase program subsidized by the U.S. government. Tandem loans provide monetary assistance to builders and developers of non-profit public housing. Under the Tandem Plan, the Government National Mortgage Association (GNMA / Ginnie Mae) buys mortgages at discounted market price and then sells them through the Federal National Mortgage Association (FNMA / Fannie Mae) and the Federal Home Loan Mortgage Corp. (FHLMC / Freddie Mac).
Investopedia Says

Investopedia explains 'Tandem Plan'

Under the Tandem Plan, GNMA foots the difference between the purchase and sale price of the mortgages that it buys. This type of structure allows home buyers to receive low interest rate loans, often to those who would not be able to afford them otherwise.
Search results for

'Tandem Plan'

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    ... of experts in different fields, the two procedures must be considered in tandem
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    ... Cyclical sectors, on the other hand, tend to move in tandem with the economy. ... A Plan
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    ... When inflation is expected, agents in the economy can plan for it and act ... who can
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  • Costless Collars: Because Asset Allocation Is Not Enough

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    ... rationale behind asset allocation is that all asset classes do not move in tandem. ...
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  • Timeless Ways To Protect Yourself From Inflation

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    ... for a household and investors to understand how to invest and plan in a ... Thus if a
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  • Increase Your Disposable Income

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    ... Working two jobs in tandem can be physically and mentally draining, but it will ...
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  • Winning International Small Caps

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    ... One over-looked sector that investors miss in their diversification plan is in that
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    ... equity markets, meaning that they do not always fluctuate in tandem with market ... assets
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    ... that are linked to prime or other rates, which tend to move in tandem with the ... But
    if you plan to purchase additional CDs, a rate cut will result in new, lower ...

  • 8 Signs Your Neighborhood Is On The Upswing

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    ... The federal government is likely to step in with a recovery plan and mortgage ... all
    of these indicators must be examined both in isolation and in tandem with the ...

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