Law Dictionary

To search for a particular term please use the following search box.

Letters

You may also browse our dictionary by first letter.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Return to Law Dictionary Index

guarantor

an individual, institution or other entity that guarantees to repay a debt if the borrower defaults. Under the Federal Home Loan Mortgage Corporation's Guarantor Program, original lenders sell ("swap") loans to Freddie Mac in exchange for Participation Certificates.

Source : U.S. Department of the Treasury

Language : English

Return

Return to Law Dictionary Index