REMIC — REM·IC / re mik/ n [r eal e state m ortgage i nvestment c onduit]: an entity (as a corporation, partnership, or trust) that functions as a vehicle for investment in mortgage obligations and esp. collateralized mortgage obligations and receives… … Law dictionary
REMIC — real estate mortgage investment conduit (REMIC) The name of a type of mortgage backed pass through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non REMIC CMOs, REMICs can separate mortgage pools … Financial and business terms
REMIC — Real Estate Mortgage Investment Conduit (Business » Firms) … Abbreviations dictionary
REMIC — real estate mortgage investment conduit проводник инвестиций в недвижимость, компания, специализирующаяся на инвестициях в недвижимость ( США) … Финансово-инвестиционный толковый словарь
REMIC — A Real Estate Mortgage Investment Conduit created by the 1986 Tax Reform Act for years beginning in 1987 providing a special tax vehicle for organizations that issue to investors different classes of interests which are backed by a pool of… … Black's law dictionary
Andy Remic — is a UK born author of thrillers, science fiction and military science fiction. His first three novels, Spiral (2003), Quake (2004) and Warhead (2005) were published by Orbit Books (a former division of Little, Brown Co). His fourth novel War… … Wikipedia
sequential-pay REMIC — The most basic, simplest REMIC structure. All investors owning a sequential pay REMIC receive interest payments; however, the principal received from the underlying mortgages is directed to repay each tranche, one at a time, in a predetermined… … Financial and business terms
Real Estate Mortgage Investment Conduit - REMIC — A special purpose vehicle (SPV) that is used to pool mortgage loans and issue mortgage backed securities (MBS). Real estate mortgage investment conduits (REMIC) hold commercial and residential mortgages in trust, and issue interests in these… … Investment dictionary
clean REMIC — See sequential pay REMIC. American Banker Glossary … Financial and business terms
Real Estate Mortgage Investment Conduits - REMIC — A complex pool of mortgage securities created for the purpose of acquiring collateral. This base is then divided into varying classes of securities backed by mortgages with different maturities and coupons. As a synthetic investment vehicle,… … Investment dictionary
