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Freddie Mac Mortgage Participation Certi cates Freddie Mac issues and guarantees Mortgage Participation Certi cates or PCs. PCs are securities that represent undivided bene cial ownership interests in and receive payments from pools of one- to four-family residential mortgages. Freddie Mac s Guarantee We guarantee the payment of interest and principal on the PCs as described in this O ering Circular. Principal and interest payments on the PCs are not guaranteed by and are not debts or...
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PCS stands for Publicly Controlled Securities. These are securities that are owned or controlled by the public, such as stocks or bonds of publicly traded companies.
Any individual or entity that owns or controls publicly controlled securities is required to file PCS reports with the relevant regulatory authority.
To fill out PCS reports, the owner or controller of the securities must provide information such as the type of security, its market value, the number of shares held, and any changes in ownership or control.
The purpose of PCS reports is to ensure transparency and accountability in the ownership and control of publicly controlled securities. It helps regulatory authorities monitor the market and detect any potential manipulative or fraudulent activities.
The information that must be reported on PCS reports includes the type of security, its market value, the number of shares held, any changes in ownership or control, and any other relevant information requested by the regulatory authority.
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