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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.
This definition is in context to Accounting. See more contextual defintions for Real Estate Mortgage Investment Conduit (REMIC).
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Published January 8, 2009, 10:47 am, HuffingtonPost
In 1902, faced with an outbreak of smallpox, the City of Cambridge, Massachusetts, adopted a mandatory vaccination law. Challenged by a Mr. Henning Jacobson as...
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