Definition of mandatory delivery

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TeachMeFinance.com - explain mandatory delivery



mandatory delivery -- a type of loan purchase program offered by the Federal Home Loan Mortgage Corporation in which delivery of loans by the seller/servicer to Freddie Mac is required.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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