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• Assets used as security for a loan that can be seized by the lender if the borrower fails to repay the loan.

  Federal Housing Finance Agency, Office of Inspector General - Cite This Source - This Definition
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  Cite Definition for Collateral

  American Psychological Association (APA)

  Collateral. (n.d.). Federal Housing Finance Agency Glossary of Terms. Retrieved February 8, 2023, from website: http://www.expertglossary.com/definition/collateral.

  Chicago Manual of Style (CMS)

  Collateral. fhfaoig.gov. Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. http://www.expertglossary.com/definition/collateral (accessed: February 8, 2023).

  Modern Language Association (MLA)

  "Collateral." Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. 8 February. 2023 http://www.expertglossary.com/definition/collateral.

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