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Accounting > Real Estate Mortgage Investment Conduit (REMIC)

The following information is about Real Estate Mortgage Investment Conduit (REMIC).

Real Estate Mortgage Investment Conduit (REMIC) Defined

An entity that holds a fixed pool of mortgages and issues multiple classes of interest s in itself to investors. A qualified REMIC is generally taxed like a partnership, unless it takes contributions after its start up day or engages in a prohibited transaction.

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