Financial Definition of Remic (Real Estate Mortgage Investment Conduit)
Meaning of Remic (Real Estate Mortgage Investment Conduit)
A pass-through tax entity that can hold mortgages secured by any type of real property and issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.
Related Entries of Remic (Real Estate Mortgage Investment Conduit) in the Encyclopedia of Law Project
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Remic (Real Estate Mortgage Investment Conduit) in Historical Law
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Legal Abbreviations and Acronyms
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| Related topics | Remic (Real Estate Mortgage Investment Conduit) in the World Encyclopedia of Law |
What is Remic (Real Estate Mortgage Investment Conduit)?
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