Home Ownership by Country
Real Estate Mortgage Investment Conduits (REMIC)
What is ‘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.
Explaining ‘Real Estate Mortgage Investment Conduits – REMIC’
As a synthetic investment vehicle, REMICs consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities.
Further Reading
- REMIC Tax Enforcement as Financial Market Regulator – heinonline.org [PDF]
- Real Estate Mortgage Investment Conduits: Mortgage Vehicles – search.proquest.com [PDF]
- Springing real estate mortgage investment conduit – patents.google.com [PDF]
- New rules of engagement for workouts: REMICs & distressed real estate loans – go.gale.com [PDF]
- The commercial real estate bubble – heinonline.org [PDF]
- Collateralized Mortgage Obligations [2] – search.proquest.com [PDF]
- Derivative Mortgage Securities and Their Risk/Return Characteristics – heinonline.org [PDF]
- What Are You Trying to Hide-Synthetic Leases, Financial Disclosure, and the Information Mosaic – heinonline.org [PDF]
- Lodging real estate finance: Securitization – digitalcommons.fiu.edu [PDF]
- Financial Transactions – www.jstor.org [PDF]