Meaning REAL ESTATE MORTGAGE INVESTMENT CONDUIT (REMIC): 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
More terms such as Real Estate Mortgage Investment Conduit (REMIC) in Dictionary R.
- Definition Regulatory Pricing Risk:
- Examples Risk that arises when insurance companies are subject to regulation of the premium rates that can they charge real estate mortgage investment conduit (remic) definition.
- Definition Rule 14-D:
- Examples Often used in risk arbitrage. Regulations and restrictions covering public tender offers and related disclosure requirements real estate mortgage investment conduit (remic) explain.
- Definition Receivables Turnover Ratio:
- Examples Total operating revenues divided by average receivables. Used to measure how effectively a firm is managing its accounts receivable real estate mortgage investment conduit (remic) what is.
- Definition Random Walk:
- Examples price changes from day to day are accidental or haphazard; changes are independent of each other and have the same probability distribution. Many believers in the random walk theory believe that it real estate mortgage investment conduit (remic) meaning.
- Definition Rate Lock:
- Examples An agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days real estate mortgage investment conduit (remic) abbreviation.
