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Tandem programs
The financial definition for
Tandem programs
:
Ginnie Mae mortgage funds provided at below-market rates to residential MBS buyers with FHA Section 203 and 235 loans and to developers of multifamily projects with Section 236 loans initially and later with Section 221(d)(4) loans.
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Direct stock purchase programs
Direct stock purchase programs
Investors purchase securities directly from the issuer.
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Tandem programs
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