释义 |
REMIC
REMICSee: Real Estate Mortgage Investment ConduitReal Estate Mortgage Investment ConduitThe most common type of mortgage-backed security. A REMIC entitles the owner to a claim on the principal and interest payments on the particular mortgages underpinning the security. REMICs pay an interest rate that is usually related to the interest rates the homeowners are paying on their mortgages. The equivalent of the coupon on a mortgage-backed security is a percentage of the interest and principal paid on the mortgages backing the security. REMICs can take different legal forms: trusts, partnerships, and assets without a legal status. They qualify for special tax treatment. REMICs were established by the Tax Reform Act of 1986.REMIC See real estate mortgage investment conduit.REMICSee real estate mortgage investment conduit. REMIC
Acronym | Definition |
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REMIC➣Real Estate Mortgage Investment Conduit | REMIC➣Renewable Energy in Maritime and Island Climates |
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