REMIC

Real Estate Mortgage Investment Conduit (REMIC)
A Real Estate Mortgage Investment Conduit (REMIC) is a pass-through entity designed to issue multiclass mortgage-backed securities, adhering to qualifications established under the Tax Reform Act of 1986 to avoid double taxation.
Real Estate Mortgage Investment Conduit (REMIC)
A Real Estate Mortgage Investment Conduit (REMIC) is a special purpose vehicle (SPV) designed to pool mortgage loans and issue mortgage-backed securities (MBS).

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.