Tandem Plan

Concept of Tandem Plan in the context of Real Property

A short definition of Tandem Plan: A method of keeping home financing active by the purchase of mortgages by GNMA (Government National Mortgage Association) at face value (par), for resale to FNMA (Federal National Mortgage Association), a private corporation, at a discount.

Concept of Tandem Plan in the context of Real Property

A short definition of Tandem Plan: A method of keeping home financing active by the purchase of mortgages by GNMA (Government National Mortgage Association) at face value (par), for resale to FNMA (Federal National Mortgage Association), a private corporation, at a discount.