Yo lo dejaría en inglés pues parece ser el nombre asignado a un tipo específico de seguro con garantía hipotecaria.


Tax and Loss Bonds
United States Mortgage Guaranty Insurance Company Tax and Loss Bonds, commonly referred to as Tax and Loss Bonds, are purchased by companies involved in mortgage guaranty insurance, lease guarantee insurance, and insurance of state and local obligations against loss on their loans. State insurance commissions may require the insurance companies to create a contingency loss reserve for use when losses exceed a specific percentage of premiums. A federal tax deduction is allowed on the funds put into this reserve if the company purchases Tax and Loss Bonds in the amount of the tax benefit and in accordance with applicable laws.
Tax and Loss Bonds are non-interest bearing book-entry securities that mature 10 or 20 years from the designated issue date. The bonds are issued in a minimum amount of $1,000 or in any larger amount, in increments of not less than $1.00.

Subscribers may purchase Tax and Loss Bonds by sending an application form, PD F 3871 to:

The Bureau of the Public Debt
Special Investments Branch
P.O. Box 396
Parkersburg, WV 26106-0396


Payments are received via the Fedwire funds transfer system. After September 24, 1997, all book-entry bonds will be paid by ACH (Automated Clearing House).