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What does the acronym REMIC stand for?

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SkorS

In full REMIC is Real Estate Mortgage Investment Conduit. It is a pass-through tax entity that can hold mortgages secured by any type of real property and can 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.

14:54, 1 November 2013

Marzia Nicole

Real Estate Mortgage Investment Conduit

18:31, 20 November 2012

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