Real estate mortgage investment conduit (REMIC)

Real estate mortgage investment conduit (REMIC),

Definition of Real estate mortgage investment conduit (REMIC):

  1. US pass-through investment vehicle (organized as an association, corporation, partnership, or trust) income from which is not subject to double taxation. REMICs issue mortgaged backed bonds at various risk levels (senior and subordinated classes) to offer greater investor flexibility than that offered by Collateralized Mortgaged Obligations (CMOs).

  2. Real estate mortgage investment conduits hold commercial and residential mortgages in trust and issue interests in these securitized mortgages to investors. Similar to collateralized mortgage obligations (CMOs), REMICs piece together a variety of individual mortgages into pools based on risk and maturity, subsequently issuing bonds or other securities to investors. These securities then trade on the secondary mortgage market.

  3. A real estate mortgage investment conduit (REMIC) is a special purpose vehicle (SPV) that is used to pool mortgage loans and issue mortgage-backed securities (MBS).

How to use Real estate mortgage investment conduit (REMIC) in a sentence?

  1. A real estate mortgage investment conduit (REMIC) is a special purpose vehicle (SPV) that is used to pool mortgage loans and issue mortgage-backed securities (MBS).
  2. REMICs were first authorized by the enactment of the Tax Reform Act of 1986.
  3. A real estate mortgage investment conduit (REMIC) may be organized as a partnership, a trust, a corporation, or an association and is exempt from federal taxes.

Meaning of Real estate mortgage investment conduit (REMIC) & Real estate mortgage investment conduit (REMIC) Definition

Real Estate Mortgage Investment Conduit (REMIC),

Definition of Real Estate Mortgage Investment Conduit (REMIC):

  1. Real Estate Mortgage Investment Conduit (REMIC) refers to Real Estate Mortgage Guide is a complex set of investment remote (mortgage) bonds designed to generate investment income for founders and investors. REMIC consists of a set of fixed mortgage loans that are divided into installments, repurchased and traded as individual securities for investors. Thus, they fall into the category of manufactured or artificial investment vehicles. Branches are just a grouping of rights or titles based on the characteristics that are involved in understanding everything.

    • A remake is a complex mortgage that consists of a mortgage that is divided into several installments.
    • The KPR unit is divided into categories based on terms and coupons.
    • The remake is available from Freddie Mac, which the organization has been selling since 1988.

  2. Real Estate Mortgage Investment Conduit (REMIC) means: A type of mutual fund that invests in mortgages, not in stocks and bonds.

  3. Meaning of Real Estate Mortgage Investment Conduit (REMIC): Companies that have mortgage ponds and issue different types of interest to investors. Eligible REMICs will generally pay tax as a partnership, unless they receive a partnership after their initial date or enter into a prohibited transaction.

Literal Meanings of Real Estate Mortgage Investment Conduit (REMIC)

Real:

Meanings of Real:
  1. It really existed as something, or it was really unimaginable or assumed.

  2. (Of any substance or thing) is not real or artificial.

  3. Full description (used for emphasis)

  4. Adjust for changes in purchasing power based on purchasing power

  5. (Number or set) which has no imaginary parts.

  6. (Of the image) of a genre where the light through which the form actually passes does not pass.

  7. Permanent property (ie land and buildings) as opposed to private property.

  8. The base currency of Brazil has been 100 cents since 1994.

Sentences of Real
  1. Julius Caesar is a real person

  2. The earrings were probably real gold

  3. Real income fell 30%

  4. In this case, it is not a problem because the domain of the sign function contains all real numbers.

  5. We saw in the last part that the original image consists of light with convex lenses.

  6. He lost almost all his property

  7. In addition, currencies have strengthened in this market, which means that if there is a return to the Hungarian forint or to the dollar, the return increases.

Synonyms of Real

actual, existent, non-fictional, non-fictitious, factual, genuine, authentic, bona fide, complete, utter, thorough, absolute, total, prize, perfect, veritable, extremely, exceedingly, exceptionally, especially, tremendously, immensely

Estate:

Meanings of Estate:
  1. A large area of ‚Äč‚Äčland, usually a large house, belongs to a person, family or organization.

  2. All the money and property of a particular person, especially after death.

  3. A class or order that is considered part of a political party, specifically (in England) one of the three groups that make up Parliament, is now the Spiritual Souvenirs (Church Heads), the Earthly Souvenirs (elite) and the House of Commons. They are also known in society as three specific regions, classes or categories of people.

  4. A certain state, a certain period or certain conditions of life.

Sentences of Estate
  1. Then, the grandparents move to another house on the family farm and cultivate the land on their own as long as possible.

  2. Voluntarily, he distributed his goods between his wife and daughter

  3. Union is no longer a real domain

  4. Property Repair Program

Synonyms of Estate

grounds, ground, fields, open space, open area, assets, capital, wealth, riches, holdings, fortune, property, worth, resources, effects, possessions, belongings, things, goods, worldly goods, stuff, chattels, valuables, state, condition, situation, position, circumstance, lot, fate

Mortgage:

Meanings of Mortgage:
  1. A legal arrangement under which a bank or other lender lends at interest in exchange for the allocation of the lender's property, provided the transfer of ownership is terminated in the settlement of the debt.

  2. Assign (assets) to creditors as collateral for the loan.

Sentences of Mortgage
  1. I deposited one lakh cash and took out the rest of the mortgage

Synonyms of Mortgage

credit, advance, mortgage, put up as collateral, guarantee, pawn

Investment:

Meanings of Investment:
  1. The act or process of investing money for material gain or income.

  2. The environment of a place to be surrounded or prevented by enemy forces.

Sentences of Investment
  1. Discussion on private investment in road construction

Synonyms of Investment

investing, speculation

Conduit:

Meanings of Conduit:
  1. Channels for carrying water or other liquids.

  2. A tube or duct to protect power cables.

Sentences of Conduit
  1. Lub tubes to deliver water to the plant

  2. Gas lines should not be near power lines

Synonyms of Conduit

channel, conduit, trench, ditch, gully, drain, culvert, cut, flume, gutter, furrow, groove, depression, duct, pipe, tube, trough, sluice, spillway, race, chute