REMIC (Real Estate Mortgage Investment Conduit)

REMIC (Real Estate Mortgage Investment Conduit)
Financial instrument created by Tax Reform Act 1986. Holds secured mortgages and issues shares of various kinds to investors. Shares may be in form of pass-through bonds, certificates and others. Qualify for special tax treatment.

Random Finance Terms for the Letter S

  • Remainderman
  • Remaining Maturity
  • Remaining Principal Balance
  • Rembrandt Market
  • REMIC (Real Estate Mortgage Investment Conduit)
  • Remote Disbursement
  • Rental Lease
  • Reoffering Yield
  • Reopen an Issue