Tandem Plan

Business / Real Estate / Tandem Plan: A mortgage subsidy program offered from time to time by the United States Congress. The Government National Mortgage Association (GNMA) purchases certain mortgages at below market interest rates, granting borrowers low-interest loans. GMNA sells the loans on the secondary market at a discount, the discount being the amount of the subsidy. These programs are offered in tandem with local mortgage lenders.

Other Words for Plan

Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
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Plant

Business / Finance / Plant: The assets of a business including land, buildings, machinery, and all equipment permanently employed. MORE

Planning Horizon

Business / Finance / Planning Horizon: The length of time a model or investor or plan projects into the future. MORE

Planned Unit Development (PUD)

Business / Real Estate / Planned Unit Development (PUD): A relatively modern concept in housing designed to produce a high density of dwellings and maximum use of open spaces. This efficient use of land allows greater flexibility for residential land and de MORE

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