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To: Activatecard who wrote (161677)4/23/2002 11:08:02 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Can you get in there??? What the hell is the GOLD/FNMA "swap"??? Not that I can't imagine -gg-

DAK



To: Activatecard who wrote (161677)4/24/2002 12:40:54 AM
From: Ken98  Respond to of 436258
 
The "gold" reference is likely to their "Gold PCs" which are mortgage passthrough certificates, and is a swap program for Freddie/Fannie paper.

Nonetheless, why would they want to name a passthrough security after that rummy metal?

freddiemac.com